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Reuters reported on September 22 that, according to two sources familiar with the matter, Chinese AI startup DeepSeek will brief the UN Security Council this week on the risks posed by artificial intelligence. The UN Security Council will meet on September 23 to discuss AI and international security. In recent weeks, several AI industry leaders have called for a coordinated slowdown in the development of increasingly powerful AI systems, warning that these systems could soon become self-sustaining and escape human control. According to one source, DeepSeek, along with other Chinese AI companies including Dark Side of the Moon, has also been invited to issue a statement.Saudi Crown Prince: The Houthi attempt to attack Mecca again is a shameful crime that violates the sanctity of the holy site.Market news: The Israeli government is about to approve the mobilization of up to 200,000 reservists.On September 22, the British news website Middle East Eye, citing multiple sources, reported that Turkish Airlines, its subsidiary AJet, and Pegasus Airlines suspended all flights between Turkey and Iran starting September 21. Sources said the suspension was due to the recent implementation of new US sanctions against Iran announced in late August, including sanctions on Irans aviation industry. The sanctions not only affect Boeing aircraft but also Airbus aircraft because the latter uses US-made parts.Iranian Parliament Deputy Speaker: On the Strait of Hormuz issue, we have always upheld our commitments.

Owning Government Officials From Working on Regulation

Cory Russell

Jul 07, 2022 16:31

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Government personnel who actively engage in cryptocurrencies or are discovered to be in possession of any are prohibited from taking part in the creation of legislation and policies pertaining to cryptocurrencies, according to a recent directive from the US Office of Government Ethics.

With Some Exceptions

Additionally, the advisory notice made clear that even if the restriction is in effect, it only does so with a de minimis exception.


Owners are still able to invest in cryptocurrencies via publicly listed shares and mutual funds of businesses offering cryptocurrency and blockchain services because to this exception. Stablecoins and all other forms of cryptocurrency are included.


Government personnel are still permitted to acquire cryptocurrencies; but, doing so will prevent them from contributing to the development of crypto-related regulations.


They may still work on such initiatives, however, provided they divert their cryptocurrency holdings into other financial opportunities.


The notification went on to further describe the situation, saying "An employee may not engage in a specific topic if the employee understands that particular item might have a direct and predictable influence on the value of their cryptocurrency or stablecoins."


However, even for those who are permitted to invest in cryptocurrency-related stock index listings, a $50k threshold has been imposed over which the de minimis exemption is no longer applicable.

Crypto investors suffer a loss

The cryptocurrency market isn't in the greatest of health right now, even if the Biden administration is concentrating on creating laws for cryptocurrencies after the POTUS issued an executive order for the same.


The continued bearishness is having an impact on cryptocurrency firms as the overall market value of all cryptocurrencies is struggling to reach $1 trillion.


Voyager Digital has filed for Chapter 11 bankruptcy a week after stopping the platform's withdrawal, trading, and deposit services after Harmony almost went bankrupt a while back.


Thus, even without the US GOE's decision, it would only have taken these investors a little longer to leave the market, similar to how many other investors are already doing.

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