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Crypto
U.S., UK launch joint cooperation targeting crypto scam centres
The United States and Britain have launched their first joint law enforcement cooperation framework targeting overseas centres running cryptocurrency investment scams. U.S. federal prosecutors in Washington, the Crown Prosecution Service for England and Wales and Britain’s National Crime Agency signed a memorandum of understanding to pursue parallel investigations, share information and decide where to prosecute cases. Authorities say they have identified overlapping cases and plan an operation in London in early October with private companies.
AI & Enterprise
U.S. researchers flag five misconceptions about AI-blockchain combination
Researchers from major U.S. universities said industry debate around combining artificial intelligence and blockchain includes exaggeration and set out five common misconceptions. They said blockchain cannot detect AI-generated content by content alone, decentralisation does not remove algorithmic bias, and giving AI agents wallets does not make them autonomous economic actors. They also said recording data on a blockchain does not guarantee original data reliability, and decentralisation may not cut AI costs.
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.