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Crypto

DCG warns U.S. could lose crypto lead if CLARITY Act fails

Digital Currency Group urged the U.S. Congress to swiftly pass the CLARITY Act, a bill defining market structure for cryptocurrencies, saying it would provide needed regulatory clarity. The company warned that prolonged regulatory uncertainty is weakening U.S. competitiveness and shifting the global crypto industry abroad. The bill is bipartisan but final agreement has not been reached, with some Democrats opposing the current revision despite new restrictions on officials’ crypto promotion.

AI & Enterprise

Public-private AI DC Alliance launched to push national strategic industry drive

South Korea launched a public-private \"AI DC Alliance\" on Tuesday to foster AI data centres as a national strategic industry. The science ministry said about 400 people from government, industry, academia and research attended the launch in Seoul. The alliance will pursue a strategy announced in June, including building 18.4GW of large-scale AI data centres, strengthening local solutions and equipment, improving power and cooling efficiency, and supporting overseas expansion.

Crypto

Emirates adds crypto payments for air tickets in UAE

Emirates has introduced a feature allowing customers to pay for air tickets with cryptocurrency. Eligible users with a Crypto.com account can select Crypto.com Pay at checkout on emirates.com or the Emirates app to book flights. The option is currently available only to UAE residents whose payments are priced in UAE dirhams. Emirates and Crypto.com had previously announced plans to cooperate, and the integration is operated via Crypto.com’s Dubai-licensed entity.