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Industry

SpaceX IPO stirs U.S. luxury market as Rolex and private jet demand signs emerge

With SpaceX\'s initial public offering confirmed, U.S. markets for luxury homes, high-end watches and private jets are showing early reactions. CNBC reported that current and former employees cannot immediately cash out their stakes, but some are already making spending plans in anticipation of future liquidity. Realtors cite rising inquiries for upscale homes in Southern California and near Austin, Texas. Watch and private jet firms also report related inquiries.

Crypto

Developer protection becomes flashpoint in U.S. CLARITY Act debate as Solana Policy Institute steps in

Christine Smith (크리스틴 스미스), CEO of the Solana Policy Institute, urged the U.S. Senate to keep developer protection provisions in the CLARITY crypto market structure bill. She argued open-source developers and blockchain infrastructure providers should not be regulated as financial intermediaries. Smith also cited the BRCA bill, which aims to provide legal clarity for developers and infrastructure providers that do not custody customer assets or control transactions.

AI & Enterprise

Japan digital minister warns of \'AI colony\' as government considers using sensitive data without consent

Japan is pushing a legal revision that would allow sensitive personal data such as medical records and criminal histories to be used for artificial intelligence development without the individual’s consent. Digital Minister Hisashi Matsumoto said Japan could become an “AI colony” if it fails to narrow the gap with global rivals. The bill has passed the lower house and awaits review in the upper house, with opposition parties warning it could weaken safeguards and raise data-leak risks.