U.S. startup accelerator Y Combinator has publicly urged the Senate to pass the CLARITY bill, a digital asset market structure proposal. It said all YC companies would eventually use cryptocurrency technology, including stablecoins, and stressed the need for a regulatory framework. The company described blockchain as an “Internet of Assets” and cited use cases such as cross-border payroll and faster marketplace payouts. The bill would clarify oversight by asset type and includes customer protections.

South Korea\'s Broadcasting Media Communications Commission said an assessment of user-protection work at 47 telecommunications operators showed overall performance fell or was flat from a year earlier. The average score for 39 companies, excluding eight pilot-assessment firms, was 873.3 points, down 13.4 points. Grades for large carriers generally declined. The regulator cited shortcomings among value-added operators and said it would withhold or delay penalty-reduction benefits for top-rated firms.