In a bid to respond more “quickly to crypto failures,” such as the collapse of QuadrigCX, Canada’s top investment industry regulator rolled out a new digital asset custody rules tightening standards on digital asset custody.The industry-led Canadian Investment Regulatory Organization (CIRO) said its new Digital Asset Custody Framework is designed to allow it to respond more quickly to risks, including hacking, fraud, weak governance and insolvencies that have left investors exposed in past incidents.“Many of the expectations in the framework were developed in close consultation with [crypto-asset trading platforms] and their custodians and reflect practices already in place,” a CIRO…

Just when you think Iranian authorities couldn’t get crueller, you hear this: they’re extorting families out of huge sums of money in exchange for the bodies of murdered loved ones. Under the so-called “bullet price” – a practice dating back to the 1980s – the authorities have not only exacted money from grieving relatives they have ordered them to hold subdued funerals and even denounce the dead. The family of Ali Taherkhani, a 31-year-old first shot and then clubbed by security forces, was made to pay the equivalent of $21,000 for his body. At his burial, condolence banners were prohibited…

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