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Crypto

NHN KCP to pursue stablecoin payment integration with LINE NEXT

NHN KCP is working with LINE NEXT to expand stablecoin-based payment services. The companies signed a memorandum of understanding to link LINE NEXT\'s global digital asset wallet Unify with NHN KCP\'s domestic merchant network and payment infrastructure. They plan to add Unify Pay as a new payment option in NHN KCP\'s checkout. Once integration is completed, overseas users can pay with stablecoins held in their wallets at NHN KCP merchants.

Crypto

White House discusses bipartisan compromise on ethics rules as U.S. CLARITY bill faces late hurdle

The Trump administration is working on a bipartisan compromise on public ethics rules tied to the CLARITY bill, a U.S. digital asset market-structure proposal. The White House is discussing terms reflecting demands from both Democrats and Republicans as ethics provisions emerge as a key sticking point for Senate passage. The Senate has yet to move toward ending debate or placing the bill on its formal agenda, and other business is scheduled ahead of an Aug. 10 recess.

Telecommunications & Media

Baeh Kyung-hoon says telecoms must transform into AI companies as top 3 expand investment

SK Telecom, KT and LG Uplus will work with the government to expand next-generation network investment to respond to the AI era and form a public-private consultative body to discuss investment and telecoms regulatory improvements. Deputy Prime Minister and Science Minister Baeh Kyung-hoon said telecoms should transform into AI infrastructure and platform companies. The ministry plans a comprehensive policy package, while the carriers will expand membership benefits and provide temporary plan perks for youth and vulnerable groups.