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AI & Enterprise

K-Moonshot project stumbles at start as AI scientist program director offers to resign

South Korea\'s K-Moonshot project, aimed at applying AI to science and technology to solve national challenges, faces an early setback after a mission program director offered to resign. The science ministry said the resignation came for personal reasons and is expected to be accepted after the deputy prime minister returns from an overseas trip. The ministry plans to proceed without recruiting a successor and has outlined governance and conflict-of-interest controls for program directors.

Crypto

Y Combinator urges swift Senate passage of CLARITY bill

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.

Crypto

U.S. CLARITY bill keeps clashing over crypto ethics, momentum cools rapidly

The U.S. Senate’s CLARITY crypto market structure bill is losing momentum amid a partisan fight over how to enforce ethics provisions. A key dispute is whether state attorneys general should be able to sue the Justice Department if the federal government fails to enforce crypto ethics rules. Some Republicans and the White House have stepped back from earlier enforcement proposals, while Democratic senators who backed the bill in committee are not promising support on the Senate floor.