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AI & Enterprise
AI becomes key issue in U.S. midterm elections, from data centers to jobs
Regulation and oversight of the AI industry have emerged as major political issues ahead of the United States\' November midterm elections. If Democrats secure a majority in either the House or the Senate, congressional investigations and hearings targeting AI companies could expand. Democratic lawmakers have signaled scrutiny of data center tax credits and recent cybersecurity incidents. AI is also featuring in campaign messaging as concerns grow about power use, environmental burdens and job losses.
AI & Enterprise
KOCCA to invest 19.8 billion won in AI content production support, largest ever
The Korea Creative Content Agency will invest 19.8 billion won this year in its AI content production support programme, the largest amount to date. The Culture, Sports and Tourism Ministry and KOCCA said they will 추진 the 2026 project to foster AI as a key growth driver. The programme has three tracks: entry, leading and cooperative. It includes funding per project, training and consulting, and an AI content festival planned for the second half.
Crypto
UK\'s ClearBank partners with Taurus to expand stablecoin services
UK-based clearing bank ClearBank is partnering with digital asset infrastructure provider Taurus to expand its stablecoin services, CoinDesk reported. ClearBank plans to use Taurus-PROTECT as wallet infrastructure for digital asset services. The partnership is part of ClearBank’s digital asset strategy, with an initial focus on stablecoins. The integration will support financial institutions issuing and redeeming MiCAR-compliant USDC and EURC using Taurus-PROTECT connectivity linked to Circle’s platform.