SEC urges court to grant Ripple Labs appeal citing ‘knotty legal problems’
https://cointelegraph.com/news/sec-urges-court-to-grant-ripple-labs-appeal

The SEC highlighted contradictory conclusions from similar cases, along with other pending decisions as some of the contentious legal issues.

Congressman Tom Emmer seeks amendment to limit SEC's crypto oversight
https://cointelegraph.com/news/congressman-tom-emmer-seeks-amendment-to-limit-sec-crypto-oversight

Emmer intends to introduce an appropriations amendment that will limit the SEC's utilization of funds for digital asset enforcement until comprehensive rules and regulations are put in place.

Nifty News: NFT restaurant crumbles, Binance NFT ends Polygon support and more
https://cointelegraph.com/news/nifty-news-nft-restaurant-crumbles-binance-nft-ends-polygon-support-and-more

The restaurant was being built alongside a private members lounge that was only open to people who bought NFTs, but rising construction costs ultimately halted the project.

Senators unveil bipartisan blueprint for comprehensive AI regulation
https://cointelegraph.com/news/senators-unveil-bipartisan-blueprint-for-comprehensive-ai-regulation

It is expected to be a guide in managing both the potential benefits and risks associated with AI technology.

What is quantitative easing, and how does it work?
https://cointelegraph.com/explained/what-is-quantitative-easing-and-how-does-it-work

Quantitative easing is a monetary policy tool where a central bank purchases financial assets to increase the money supply and stimulate economic activity.

Ripple lawyer calls SEC’s latest filing “hypocritical pivot”
https://cointelegraph.com/news/ripple-clo-calls-sec-latest-filing-hypocritical-pivot

Stuart Alderoty highlighted that Gensler had requested an urgent appeal despite asserting that crypto regulations and rules were clear and must be adhered to by the industry.

The examination revealed a moderate increase in the trading volume of AI tokens last month, reaching approximately $870 million, up from $570 million at the close of July.