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Instagram is releasing a feature that will let users easily reset their algorithms, as the government strengthens its regulation of online safety.

With the new reset feature, users can clear their recommended content from Explore, Reels and their feed, potentially reducing the amount of harmful content they are exposed to.

It’s all part of Meta’s push to make the app safer for young people, after announcing more private Teen accounts in September.

The feature, which will soon be rolled out globally, was announced as the government outlined its priorities for online safety.

Peter Kyle, Labour’s technology secretary, said Ofcom should ensure the concept of “safety by design” is being followed by tech companies from the outset.

That would ensure more harm is caught before it occurs.

Peter Kyle and Hilary Benn.
Pic: Reuters
Image:
Peter Kyle (L). Pic: Reuters

He also pushed for more transparency from tech giants on what harms are occurring on their platforms.

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“From baking safety into social media sites from the outset, to increasing platform transparency, these priorities will allow us to monitor progress, collate evidence, innovate, and act where laws are coming up short,” Mr Kyle said.

While the announcement was welcomed by child protection groups, some cautioned that the government needed to go further.

Ian Russell, chair of trustees at Molly Rose Foundation, said: “This announcement outlines a much needed course correction, vital for improved online safety, and to prevent the new regulation falling badly short of expectations.

“However, while this lays down an important marker for Ofcom to be bolder, it is also abundantly clear that we need a new Online Safety Act to strengthen current structural deficiencies and focus minds on the importance of harm reduction.

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Meanwhile, the NSPCC has urged social media platforms to be more transparent and proactive about child safety.

“They should be disrupting ‘safe havens’ for offenders by tackling the hidden abuse taking place through private messaging,” said Maria Neophytou, director of strategy and knowledge at the NSPCC.

“It is right that the government is focusing on driving innovation and new technology that can identify and disrupt abuse and prevent harm from happening in the first place.

“The regulatory framework has the potential to change the online world for children.”

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XRP rallies on US shutdown nearing end, ETF tickers landing on DTCC

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XRP rallies on US shutdown nearing end, ETF tickers landing on DTCC

Excitement in the crypto community is growing over the potential launch of XRP funds, as the US Senate advances a deal aimed at ending the longest-ever government shutdown.

The Senate reportedly reached a deal on a budget bill to end the government shutdown on Sunday, sending a bullish signal to numerous markets, including crypto.

The XRP (XRP) community is anticipating multiple XRP exchange-traded funds (ETFs) to launch shortly, with several already appearing on the Depository Trust and Clearing Corporation (DTCC) website ahead of a possible launch this month.

The price of XRP has rallied more than 12% on the bullish news over the past 24 hours, with the token trading at $2.56 at the time of publication, according to CoinGecko.

11 XRP products listed on DTCC

As of Monday, the DTCC website featured 11 XRP ETF products on its “active and pre-launch” listing, including those by 21Shares, ProShares, Bitwise, Canary Capital, Volatility Shares, REX-Osprey, CoinShares, Amplify and Franklin Templeton.

Although a DTCC listing does not equal actual launch and does not guarantee regulatory approval, it signals that the ETF infrastructure is ready to be traded on US markets.

The list of XRP products listed on the DTCC as of Monday. Source: DTCC

It’s worth noting that Grayscale’s XRP Trust (GXRP) has not yet appeared on the DTCC website, and the list also does not currently include an XRP fund from WisdomTree.

“Government shutdown ending = spot crypto ETF floodgates opening,” ETF expert Nate Geraci wrote in an X post on Sunday, adding: “In the meantime, could see first ‘33 Act spot xrp ETF launch this week.”

Related: End to US gov’t shutdown sparks institutional buying, ETF ‘floodgate’ hopes

Bloomberg ETF analyst Eric Balchunas also posted on X on Sunday, noting that the “shutdown is over” and highlighting a subsequent uptick in US equity futures.

“The SEC had open litigation against Ripple for the past five years, up until three months ago. IMO, the launch of spot XRP ETFs represents the final nail in the coffin for the previous wave of anti-crypto regulators,” he wrote in an X post on Nov. 2.

Ripple, SEC, XRP, ETF, Policy
Source: Nate Geraci

He also highlighted a post from Canary Capital, which claimed last Friday that its XRP ETF is “coming soon,” speculating that the product could go live by the end of this week.