Microsoft urges lawmakers, companies to ‘step up’ with AI guardrails
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Grayscale legal challenge to SEC sparks response from the community
From accusing the SEC of suppressing Bitcoin to suggesting alternatives, the community showed varied responses to Grayscale’s legal challenge against the SEC. 343 Total views 16 Total shares As Grayscale’s application to convert the Grayscale Bitcoin Trust (GBTC) into a Bitcoin (BTC) exchange-traded fund (ETF) got denied, the firm launched a legal challenge against the…

Binance to Start Closed Beta Testing of New Crypto-Fiat Exchange in Singapore
Binance, the largest global crypto exchange, will soon start private beta testing a crypto-fiat exchange in Singapore, as Binance co-founder and CEO Changpeng Zhao (CZ) tweeted on September 15.As Changpeng Zhao revealed, the testing will be launched on September 18:“I just slipped that we will begin #Binance Singapore fiat exchange live money closed beta testing…

11 industry leaders discuss effective ways to ensure compliant staking
As even late-night talk show hosts begin to weigh in on events in the crypto industry, it’s clear the public is increasingly paying attention to both the potential and challenges of investing in crypto. Of even more immediate concern to crypto companies, though, are the questions around the type and number of legislative guardrails lawmakers…

FINRA Fines Former Merrill Lynch Employee $5,000 for Not Reporting Crypto Mining Activity
The United States regulatory body, the Financial Industry Regulatory Authority (FINRA), has charged one of Merrill Lynch’s staff $5,000 for mining cryptocurrency. Documents dated June 10 confirm the fine.According to the “letter of acceptance, waiver and consent” signed by the employee, Kyung Soo Kim, FINRA took action when it appeared the activities did not comply…

The view from Paris Blockchain Week 2023: Web3 builds while the city burns
Paris Blockchain Week celebrated its fourth edition in spring 2023 against a backdrop of riots, protests and general civil malaise. The builders in the Bitcoin (BTC), crypto, and Web3 spaces were unfazed by protesters chanting and dancing on the doorstep of the conference venue. The event took place against the backdrop of ongoing protests in Paris…

Why Pakistan and the Middle East can bet on crypto mining
It is especially important for countries to become more aware of cryptocurrencies, especially with components like decentralized finance rising in prominence. Now that the Middle East is becoming more mining-friendly, the future suddenly looks bright once again for this region.Pakistani administration legalizes crypto mining The Pakistani government appears to be moving quickly toward a pro-crypto…

The metaverse will change the paradigm of content creation
Content constitutes the essence of the internet and comes in many different forms that the current Web2 internet iteration supports — text, audio, video or a mix of all three. However, content is scarcely a free resource. It is content creators who are now becoming opinion leaders, influencers and the cornerstones of so many of…

September ‘crash’ to $22K? — 5 things to know in Bitcoin this week
Bitcoin (BTC) starts a new week struggling with $26,000 as August becomes its worst month of 2023.BTC price strength remains dubious after a snap crash 10 days ago, with bulls unable to wrestle back control of the market to provide a relief bounce.The outlook is similarly uncertain, with September traditionally a poorly performing month for…