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Turkish Lira becomes top crypto trading pair on Binance in Sept 2023

The Turkish Lira (TRY) became the most dominant fiat trading pair on Binance in the month of September, according to the crypto exchange’s research.Turkish Lira accounted for 75% of all fiat volume in early September despite being the fourth-largest crypto market globally in terms of transaction volume after the United

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How senators plan on regulating AI: Law Decoded, Sept. 4–11

Last week, two United States senators unveiled a bipartisan blueprint for artificial intelligence (AI) legislation. The framework put forward by Senators Richard Blumenthal and Josh Hawley advocates for mandatory licensing for AI firms and makes it clear that technology liability protections will not shield these companies from legal action.The framework

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House committee will reopen discussions on digital dollar in Sept. 14 hearing

The United States House Financial Services Subcommittee on Digital Assets, Financial Technology and Inclusion will be holding a hearing discussing central bank digital currencies (CBDCs) for the first time in months.In a Sept. 7 announcement, Republican lawmakers on the committee said they planned to hold a hearing discussing the implications

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Judge says Sam Bankman-Fried’s lawyers have until Sept. 1 to request a trial postponement: Report

Lawyers representing former FTX CEO Sam Bankman-Fried, or SBF, have reportedly not asked for a different trial date in order to prepare, but a federal judge has offered a limited window to do so.According to an Aug. 30 thread on X (formerly Twitter) from Inner City Press, Judge Lewis Kaplan

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Crypto Exchange Bitget to Tighten Know-Your-Customer (KYC) Requirements Starting Sept. 1

From Sept. 1, new customers will have to complete level 1 KYC verification, which involves submitting an identity document like a passport and completing facial authentication. Existing customers have until Oct. 1 to complete the process, after which time they will only be able to withdraw, cancel orders or close

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White House’s first crypto framework and missed opportunities — Law Decoded, Sept. 12-19

By the end of last week, the federal agencies presented the results of their six-month-long work on the principal directions for digital assets regulation in the United States. The resulting first-ever crypto framework, published on the White House website, may not contain many surprises or exact details, but, as a

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