🚀 Paradigm Supports Tornado Cash Co-Founder in Legal Dispute
#Paradigm #TornadoCash #RomanStorm #LegalDispute #CryptoRegulation #AmicusBrief #OpenSourceSoftware #FinCEN #Cryptocurrency #SoftwareDevelopment
According to Odaily, Paradigm has submitted an amicus brief to a New York court in support of Tornado Cash co-founder Roman Storm. The brief urges the jury to accurately interpret the legal definition of 'money transmission business.' Paradigm emphasizes that Storm, as a software developer, did not control user funds, arguing that the prosecution's charges contradict existing laws and FinCEN guidelines. The firm warns that a conviction could have a chilling effect on the development of cryptocurrency, AI, and open-source software.#Paradigm #TornadoCash #RomanStorm #LegalDispute #CryptoRegulation #AmicusBrief #OpenSourceSoftware #FinCEN #Cryptocurrency #SoftwareDevelopment
🚀 EU Sovereign Tech Fund Proposed to Support Open Source Software
#EU #SovereignTechFund #OpenSourceSoftware #DigitalInfrastructure #MaintenanceFunding #Investments #EcosystemDevelopment #Transparency #DigitalSovereignty
According to PANews, GitHub's blog highlights the critical role of open-source software as digital infrastructure for both the economy and society, while noting the persistent lack of maintenance funding. GitHub's developer policy team commissioned a feasibility study by Open Forum Europe, Fraunhofer ISI, and the European University Institute to explore expanding the successful model of Germany's sovereign tech agency to the EU level. This initiative aims to establish an 'EU Sovereign Tech Fund' (EU-STF).
The study recommends that the fund should focus on investments in open-source dependencies, maintenance, security, improvements, and ecosystem development. It outlines seven design standards for the fund: pooled resources, minimal bureaucracy, political independence, flexible funding, community involvement, strategic alignment, and high transparency.
GitHub urges the EU to allocate at least 350 million euros in the 2028-2035 budget, in collaboration with industry and national contributions, to ensure the sustainable development of open-source software and digital sovereignty.#EU #SovereignTechFund #OpenSourceSoftware #DigitalInfrastructure #MaintenanceFunding #Investments #EcosystemDevelopment #Transparency #DigitalSovereignty
🚀 Payjoin Foundation Achieves Nonprofit Status to Boost Bitcoin Privacy
#PayjoinFoundation #BitcoinPrivacy #OpenSourceSoftware #NonprofitStatus #AsyncPayjoin #BitcoinWallets #PrivacyProtocols #TaxDeductibleDonations #PayjoinDevKit #BTC
The Payjoin Foundation, focused on advancing Bitcoin privacy through open-source software, has been granted 501(c)(3) nonprofit status. According to NS3.AI, this designation allows U.S. taxpayers to make tax-deductible donations, providing sustainable funding for the development of privacy protocols such as Async Payjoin. This advancement does not necessitate changes to the Bitcoin protocol. Several prominent Bitcoin wallets have already integrated or support the Payjoin Dev Kit, enhancing user privacy while maintaining compatibility.#PayjoinFoundation #BitcoinPrivacy #OpenSourceSoftware #NonprofitStatus #AsyncPayjoin #BitcoinWallets #PrivacyProtocols #TaxDeductibleDonations #PayjoinDevKit #BTC