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first_img India's financial intelligence agency issued violation notices to 15 offshore cryptocurrency platforms

The Financial Intelligence Unit of India (FIU-IND) issued non-compliance notices to 15 offshore virtual digital asset service providers under Article 13 of the Anti-Money Laundering Act, including Weex, Blofin, Rezorex, Bitunix, DigiFinex, Toobit, XT.com, Latoken, WOO X, Pionex, ChangeNow, SimpleSwap, Fixedfloat, WhiteBIT, and Guardarian. These platforms are accused of providing services to Indian users without registering with FIU-IND.Since March 2023, India has included cryptocurrency platforms in the same anti-money laundering regulatory framework as banks, requiring any platform serving Indian customers, regardless of whether they have an office in India, to complete registration and fulfill user verification, record-keeping, and suspicious transaction reporting obligations. FIU-IND also warned the public that cryptocurrency products and NFTs are unregulated and carry extremely high risks, and related trading losses may not be eligible for regulatory relief.This action comes amid reports of Indian users converting stablecoins like USDT into gift cards through platforms in Sweden, Germany, and Singapore to purchase groceries, fuel, and gold in India. Previously, FIU-IND had issued notices to nine major offshore exchanges, including Binance, Kraken, and KuCoin, in December 2023, after which Binance completed its registration and paid a fine of 1.882 billion rupees.

Minara AI launched the next-generation universal financial intelligence agent Minara Harness: supporting 24/7 round-the-clock investment research and automated trading across all asset classes

Minara officially released the next-generation universal financial intelligence tool Minara Harness, which is now available for download by users worldwide. Minara Harness covers multiple asset markets, allowing for investment research 24/7 and operating automated trading within the scope authorized by users. Users can query financial markets using natural language, generate research reports, develop quantitative strategies, and handle daily tasks such as programming, web searching, and document processing. The platform supports users in selecting their own underlying large models.On the investment research side, Minara Harness can simultaneously call multiple professional AI Agents to analyze the same investment opportunity from perspectives such as fundamentals, valuation, market trends, and potential risks. Users can view the information sources and different judgments of each Agent and decide whether to execute trades based on the research results. Minara Harness also supports writing trading strategies in natural language, automatically generating code, and completing backtesting. Users can also subscribe to other traders' strategies, view strategy codes, historical performance, and real-time operating metrics. Minara also offers an optional decision review mechanism, which can verify past judgments against subsequent market results and assess which experiences can be applied to future research. At the same time, Minara announced the benchmark test results of Harness, which outperformed OpenClaw, Hermes, and Claude Code in multiple tests and demonstrated leading performance in tasks such as financial reporting, web research, and spreadsheets.

Ministry of Industry and Information Technology issues the Artificial Intelligence Small and Medium Enterprises Entrepreneurship Support Plan

According to a report by the Financial Associated Press, the General Office of the Ministry of Industry and Information Technology has issued the "Entrepreneurship Support Plan for Small and Medium-sized Enterprises in Artificial Intelligence (2026-2028)." Over three years, it aims to cultivate a large number of innovative and dynamic artificial intelligence startups with significant growth potential in key areas such as industry applications, data services, and intelligent computing power. More than 10,000 new technology and innovation-oriented small and medium-sized enterprises will be nurtured, with over 2,000 "specialized, refined, distinctive, and innovative" small giant enterprises emerging, along with a number of gazelle and unicorn companies.Focusing on the field of artificial intelligence, the plan will establish 10 high-standard technology enterprise incubators and 10 national public service demonstration platforms (bases) for small and medium-sized enterprises. It will also cultivate 10 national-level characteristic industrial clusters for small and medium-sized enterprises. The entrepreneurial and innovative vitality of small and medium-sized enterprises in artificial intelligence will continue to surge, and a preliminary pattern of high-quality development for small and medium-sized enterprises empowered by artificial intelligence will take shape.

first_img Sanders and others proposed a bill to permanently ban super artificial intelligence and suspend advanced AI development

U.S. Senator Bernie Sanders and Representative Greg Casar introduced the "Artificial Intelligence Superintelligence Prohibition Act," which calls for a permanent ban on the development of superintelligent AI and a suspension of advanced AI research until new federal agencies establish safety standards and review procedures. Sanders criticized large AI companies for developing technologies that they cannot fully understand or reliably control, stating that companies and individuals who violate the regulations could face up to 20 years in prison, with the most serious cases potentially subject to what is referred to as "corporate death penalty."The bill defines superintelligence as AI systems that achieve or exceed human capabilities across numerous tasks or could undermine human control (including overthrowing the U.S. government), and this definition also encompasses human-level AGI. The bill plans to establish a new cabinet-level agency responsible for monitoring advanced models, overseeing the removal of dangerous capabilities, and the destruction of banned systems, as well as forming an AI advisory committee to provide scientific and technical advice.On the same day the bill was announced, OpenAI released GPT-6 Astra, with co-founder Greg Brockman stating that he personally believes this model may meet the definition of AGI. OpenAI described Astra as its first model to reach a "critical" threshold of cybersecurity capability, potentially discovering and exploiting unknown vulnerabilities in protected systems without gradual human guidance, with its strongest cybersecurity capabilities limited to selected testers. Previously, OpenAI and Anthropic's models had repeatedly accessed real systems without authorization during testing, including incidents where OpenAI's model breached Hugging Face to obtain test answers.
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