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Today in Crypto: Fines and Prison for Unregistered Crypto Firms in Cyprus, OrdinalsBot Raise $1 Million, Zimbabwe Gold is Now a Payment MethodToday in Crypto: Fines and Prison for Unregistered Crypto Firms in Cyprus, OrdinalsBot Raise $1 Million, Zimbabwe Gold is Now a Payment Method
Source: AdobeStock/ Andrii Yalanskyi
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.
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Regulation news
Aiming to bolster its regulatory framework in the crypto sector, Cyprusis planning to introduce penalties for cryptocurrency service providers (CSPs) who fail to register with the relevant authorities, the Cyprus Mail reported. The penalties include fines of up to €350,000, imprisonment of up to five years, or both. This development follows the submission of a proposed legislative amendment to the "Prevention and Suppression of Money Laundering Law," which seeks to align Cyprus with international standards set by the Financial Action Task Force(FATF) and the recommendations of the Moneyvalreport.
Investment news
OrdinalsBot, which enables ordinals to be inscribed on Bitcoin, raised more than $1 million in seed funding from ventures like Kestrel 0X1,Lightning Ventures, UTXO Management, the asset management arm of BTC Inc, Bitcoin Frontier Fund, Angsana Investments, Deep Ventures, assisted by Novum Insights, MetaLink Capital, Louis Curran and Digital Phoenix Group, as well as James Haft and PAL Capital. "The substantial capital infusion from this funding round will enable OrdinalsBot to expand its API capabilities, enhance its inscription service, and continue its educational initiatives, further advancing the accessibility and usability of Ordinals for users worldwide," said the press release.
Payments news
Zimbabweannounced that the gold-backed digital token, Zimbabwe Gold (ZiG), is now an official payment method for domestic transactions. The Reserve Bank of Zimbabwe(RBZ) saidthat digital tokens will be backed by a physical amount of gold held in the bank's reserves, while an external auditor will validate the availability of the gold. "The applicable intermediated money transfer tax (IMTT) will be half of the IMTT applicable to transactions in the foreign currency, and the relevant legal instrument to that effect will soon be published," it said.
Scam news
A teacher in Chinawas scammed out of ¥4 million ($555,000) and continued to believe the fraudster would marry her despite police trying to dissuade her 12 times. Perthe South China Morning Post, over a period of four months last year, the woman borrowed money from the bank and used it as collateral to invest in a bitcoinproject her "boyfriend" promised would make her a fortune. Shanghai police discovered the crime after "unusual activity" was noticed in her bank account, but she could not be persuaded at the time not to send money. "She has invested so much money and emotion in it that she would rather believe the police were scammers," said an officer from the police anti-scam team.
AI news
The King Abdullah University of Science and Technology(KAUST) in Saudi Arabia, the School of Data Science, the Chinese University of Hong Kong, Shenzhen (CUHKSZ), and the Shenzhen Research Institute of Big Data(SRIBD) collaborated to create an Arabic-focused artificial intelligence (AI) system. Accordingto the project’s GitHub page, AceGPT,an open-source Large Language Model (LLM) tailored for the Arabic language, addresses "the unique syntactic intricacies" of Arabic and ensures "cultural sensitivity and alignment" with local values. "Our methodology encompasses incremental pre-training on Arabic texts, supervised fine-tuning (SFT) using genuine Arabic instructions paired with native GPT-4responses, and a novel reinforcement learning approach termed Reinforcement Learning with AI Feedback (RLAIF)," it said.
Exchange news
Web3 healthcare company XRP Healthcareexpanded its reach into Africavia its listing on the Coinstorecrypto exchange. Accordingto the press release, "this strategic move comes as XRP Healthcare seeks to capitalize on the burgeoning healthcare market in Africa, with a primary focus on Uganda." Coinstore users can now access XRP Healthcare's solutions and utilize its payment system built on the XRP Ledger. The company's expansion into Africa aligns with Ripple Labs' increasing presence in the region and the growing interest in crypto adoption across the continent, it said.Injective 代币 INJ 重回加密货币市值前 100 名Techub News 消息，Injective 代币 INJ 今日上涨 18.1%，重新进入加密货币市值排名前 100 位。此次上涨源于其链上质押量达到历史新高，约占代币总供应量的 59%。
（@coingecko）猫主题代币总市值突破10亿美元，ZCAT单日涨超63%Techub News 消息，猫主题代币总市值已突破10亿美元，主要由ZCAT今日上涨63.2%所推动。（@coingecko）巴基斯坦虚拟资产监管局今日截止注册，未提交者须关闭业务Techub News 消息，巴基斯坦虚拟资产监管局（PVARA）设定的加密货币服务提供商注册截止日期为今日（9月5日）。所有已在巴基斯坦运营的虚拟资产服务提供商必须在今日结束前向PVARA提交无异议证书（NOC），否则将被法律要求停止所有相关业务。（CoinGape）以太坊核心开发者讨论形式化验证的挑战与必要性Techub News 消息，以太坊核心开发者 Trent Van Epps 在 X 平台发文，就形式化验证在以太坊核心开发中的应用提出三点看法。他指出，当前已有实际工作面临风险，形式化验证并非万能解决方案，且仍需投入人力来管理过渡过程并决定对哪些功能进行验证。（@trent_vanepps）美国 SEC 提议废除投资顾问“付费参与”规则Techub News 消息，美国证券交易委员会（SEC）今日提议废除其“付费参与”（pay-to-play）规则。该规则禁止投资顾问在向某些政府官员或候选人提供政治捐款后的两年内，为其政府客户提供有偿服务。
SEC 表示，此举旨在简化监管框架，并评估该规则在现行法律下的必要性。公众可在联邦公报公布该提案后的 60 天内提交评论意见。（@SECGov）特斯拉 Cybertaxi 自动驾驶出租车今日美国东部时间 17:45 正式发布Techub News 消息，特斯拉 "Cybercab" 自动驾驶出租车发布活动于美国东部时间今日下午 5:45 正式举行。该活动标志着特斯拉在自动驾驶出租车服务领域的实质性推进。（@Kalshi）HYPE 巨鲸今日再买入 43 万枚代币，价值 3510 万美元Techub News 消息，神秘巨鲸地址 0x6436 今日再次买入 430,224 枚 HYPE，价值约 3510 万美元。此外，新创建的钱包地址 0xC5ca 在两小时前从 FalconX 提取了 94,149 枚 HYPE，价值约 766 万美元。（@lookonchain）纽约市禁止高中以下学生在课堂使用AI，涉及约60万学生Techub News 消息，纽约市长 Zohran Mamdani 今日宣布新政策，将在 2026-2027 学年禁止高中以下学生在课堂使用 AI。这项为期一年的禁令将影响约 60 万名从 2-K 到八年级的公立学校学生。
新规还将禁止教师使用 AI 工具批改作业，并限制学生在进入高中前在课堂上使用该技术。政策同时引入了对数字设备的额外限制，以及一个 AI 教育工具的小型试点项目。（The Verge AI）Ripple 与 SettleMint 合作优化机构数字资产管理Techub News 消息，Ripple 与欧洲数字资产基础设施公司 SettleMint 达成合作，将其托管服务与后者平台集成，帮助金融机构通过单一基础设施管理数字资产全周期。
该合作旨在消除机构管理数字资产的复杂性，避免多供应商方案整合的繁琐流程，减少资产项目从测试转入生产阶段的核对缺口。前者提供安全托管与治理基础设施，后者则负责代币化资产的发行、合规及结算服务。（U.Today）美国 SEC 将于 9 月 17 日举行 24 小时交易准备圆桌会议Techub News 消息，美国证券交易委员会（SEC）今日宣布了将于 2026 年 9 月 17 日举行的“24 小时交易准备”圆桌会议的议程和专家小组成员名单。该会议将在 SEC 华盛顿特区总部举行，旨在探讨市场向全天候交易过渡的潜在影响、挑战及监管准备。
（SEC）Today in Crypto: Fines and Prison for Unregistered Crypto Firms in Cyprus, OrdinalsBot Raise $1 Million, Zimbabwe Gold is Now a Payment Method Source: AdobeStock/ Andrii Yalanskyi Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news. __________ Regulation news Aiming to bolster its regulatory framework in the crypto sector, Cyprusis planning to introduce penalties for cryptocurrency service providers (CSPs) who fail to register with the relevant authorities, the Cyprus Mail reported. The penalties include fines of up to €350,000, imprisonment of up to five years, or both. This development follows the submission of a proposed legislative amendment to the "Prevention and Suppression of Money Laundering Law," which seeks to align Cyprus with international standards set by the Financial Action Task Force(FATF) and the recommendations of the Moneyvalreport. Investment news OrdinalsBot, which enables ordinals to be inscribed on Bitcoin, raised more than $1 million in seed funding from ventures like Kestrel 0X1,Lightning Ventures, UTXO Management, the asset management arm of BTC Inc, Bitcoin Frontier Fund, Angsana Investments, Deep Ventures, assisted by Novum Insights, MetaLink Capital, Louis Curran and Digital Phoenix Group, as well as James Haft and PAL Capital. "The substantial capital infusion from this funding round will enable OrdinalsBot to expand its API capabilities, enhance its inscription service, and continue its educational initiatives, further advancing the accessibility and usability of Ordinals for users worldwide," said the press release. Payments news Zimbabweannounced that the gold-backed digital token, Zimbabwe Gold (ZiG), is now an official payment method for domestic transactions. The Reserve Bank of Zimbabwe(RBZ) saidthat digital tokens will be backed by a physical amount of gold held in the bank's reserves, while an external auditor will validate the availability of the gold. "The applicable intermediated money transfer tax (IMTT) will be half of the IMTT applicable to transactions in the foreign currency, and the relevant legal instrument to that effect will soon be published," it said. Scam news A teacher in Chinawas scammed out of ¥4 million ($555,000) and continued to believe the fraudster would marry her despite police trying to dissuade her 12 times. Perthe South China Morning Post, over a period of four months last year, the woman borrowed money from the bank and used it as collateral to invest in a bitcoinproject her "boyfriend" promised would make her a fortune. Shanghai police discovered the crime after "unusual activity" was noticed in her bank account, but she could not be persuaded at the time not to send money. "She has invested so much money and emotion in it that she would rather believe the police were scammers," said an officer from the police anti-scam team. AI news The King Abdullah University of Science and Technology(KAUST) in Saudi Arabia, the School of Data Science, the Chinese University of Hong Kong, Shenzhen (CUHKSZ), and the Shenzhen Research Institute of Big Data(SRIBD) collaborated to create an Arabic-focused artificial intelligence (AI) system. Accordingto the project’s GitHub page, AceGPT,an open-source Large Language Model (LLM) tailored for the Arabic language, addresses "the unique syntactic intricacies" of Arabic and ensures "cultural sensitivity and alignment" with local values. "Our methodology encompasses incremental pre-training on Arabic texts, supervised fine-tuning (SFT) using genuine Arabic instructions paired with native GPT-4responses, and a novel reinforcement learning approach termed Reinforcement Learning with AI Feedback (RLAIF)," it said. Exchange news Web3 healthcare company XRP Healthcareexpanded its reach into Africavia its listing on the Coinstorecrypto exchange. Accordingto the press release, "this strategic move comes as XRP Healthcare seeks to capitalize on the burgeoning healthcare market in Africa, with a primary focus on Uganda." Coinstore users can now access XRP Healthcare's solutions and utilize its payment system built on the XRP Ledger. The company's expansion into Africa aligns with Ripple Labs' increasing presence in the region and the growing interest in crypto adoption across the continent, it said.
