What Might be Next For Apple's CSAM Proposals?

Apple’s proposals to tackle Child Sexual Abuse Material (CSAM) have, you may have noticed, attracted some controversy. With the rollout of new features now delayed,  Wired had a look a at what might come next.

It’s unlikely the company can win over or please everyone with what follows – and the fallout from its plans have created an almighty mess. The technical complexities of Apple’s proposals have reduced some public discussions to blunt, for-or-against statements and explosive language has, in some instances, polarised the debate. The fallout comes as the European Commission prepares child protection legislation that could make it mandatory for technology companies to scan for CSAM. “The move [for Apple] to do some kind of content review was long overdue,” says Victoria Baines, a cybersecurity expert who has worked at both Facebook and Europol on child safety investigations. Technology companies are required by US law to report any CSAM they find online to the National Center for Missing and Exploited Children (NCMEC), a US non-profit child safety organisation but Apple has historically lagged behind its competitors.

SEC Threatens to Sue Coinbase Over its USDC Lending Feature

Cryptocurrency exchange Coinbase announced that the SEC is threatening to sue if it launches Lend. Lend is the platform’s feature that would give users 4% APY for USD Coin.

We shared this view and the details of Lend with the SEC. After our initial meeting, we answered all of the SEC’s questions in writing and then again in person. But we didn’t get much of a response. The SEC told us they consider Lend to involve a security, but wouldn’t say why or how they’d reached that conclusion.

They also asked for the name and contact information of every single person on our Lend waitlist.

That second part is particularly gross. Update: I think this is a nice write-up from Bloomberg on the matter.