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Crypto

U.S. community banks launch campaign against Clarity bill over stablecoin rewards

The U.S. community banking industry has launched a public campaign against the Clarity bill, a crypto market-structure measure under discussion in the Senate. The Independent Community Bankers of America said allowing yields or rewards on stablecoin holdings could trigger $1.3 trillion in deposit outflows and cut loans by $850 billion. The Senate Banking Committee advanced the bill on May 15. Crypto industry groups rejected ICBA’s claims, while passage remains uncertain.

AI & Enterprise

Claude ranks second in South Korea\'s generative AI app revenue - Sensor Tower

Anthropic’s AI assistant Claude has risen to second place in South Korea’s generative AI app market, overtaking Google’s Gemini, according to Sensor Tower. Through early June, Claude ranked second by revenue among iOS generative AI apps in South Korea and first in revenue growth. It hit a record daily revenue of about $104,000 on May 5. Sensor Tower said the increase may have come from existing users converting to paid subscriptions or upgrading plans.

Games & Commerce

Naver unveils \'Local Ground\' campaign in Busan to boost AI transformation for local businesses

Naver is rolling out an on-the-ground campaign called \'Local Ground\' to help users experience local businesses through artificial intelligence and to support AI transformation for regional commercial districts. The first programme runs in Busan from June 9 to June 13, with 104 small and medium-sized merchant shops taking part. Naver is supporting adoption of AI-based solutions and short-form content, and enabling foreigners to use map-to-payment services after passport-based verification.