November will be remembered as one of the crypto market’s most difficult months following the collapse of FTX, Alameda, and BlockFi. The drama looks set to continue in December as the community await news from the industry’s largest lender Genesis regarding the $500m bailout it requires to reopen customer withdrawal requests.
With mainstream and social media focusing solely on the above, other major developments in the space seem to have flown under the radar. From France and Luxembourg partnering to use a CBDC to settle a bond worth €100m, to Brazil approving a bill regulating the crypto industry, we’ve gathered all the key updates from around the world here.
Climate Chain Coalition releases report on blockchain and emerging technologies at COP 27. More
CZ plans industry association to communicate with regulators worldwide. More
Visa ends crypto debit card partnership with FTX. More
BIS, Singapore Monetary Authority and central banks of Switzerland, France explore AMMs and CBDCs. More
BIS tests stablecoins in its first retail CBDC project. More
France, Luxembourg test CBDC for €100m bond issue. More
European Central Bank blasts Bitcoin — community responds. More
EU delays vote on MiCA crypto legislation until February. More
CBDCs may need global regulation, EU commissioner says. More
Estonia
Two Estonians charged with running a series of crypto scams totalling $575m. More
Greece
Gemini gets regulatory greenlight in Greece amid lending halt. More
Germany
Coinbase Germany ordered by regulator to tackle ‘organisational deficiencies’. More
Bitpanda secures crypto licence from Germany's financial regulator. More
Ireland
Ripple is seeking a license in Ireland to drive EU expansion. More
Crypto trading platform Bitpanda launches in Ireland. More
Italy
Nexo secures registration in Italy. More
Gemini gets regulatory greenlight in Italy. More
Italy plans to tax crypto trading gains, expand disclosure. More
Netherlands
Tornado Cash developer Alexey Pertsev to be detained another three months in Amsterdam. More
Monaco
Russian billionaire dies in mysterious Monaco helicopter crash - the third crypto tycoon to die suspiciously in November. More
Russia
Putin calls for blockchain-based international payment system. More
Spain
Crypto exchange Bitstamp registers with Spain's central bank. More
Turkey
Turkey’s financial authority investigates FTX’s collapse. More
Turkey seizes FTX assets in the country amid the ongoing investigation. More
UK
London court orders six crypto exchanges to share client details to assist in $10.7m fraud case. More
UK lawmakers will hold inquiry to explore NFT regulation. More
Santander imposes limits on UK crypto exchange transactions. More
UK bank Starling bans crypto-related purchases and deposits citing high risk. More
Binance hires UK director, invokes need to comply with regulators. More
Binance denies accusation from UK lawmaker that it deliberately sank FTX. More
Bank of England unconvinced DeFi can solve financial risk. More
UK’s 'biggest ever' scam leads to 100 arrests after police track bitcoin records. More
UK may need Digital Pound, Bank of England's Jon Cunliffe says. More
Ukraine
Ukraine considering CBDC that can facilitate crypto trading. More
Argentina
Argentine unicorn Uala debuts crypto trading as inflation rattles country. More
Brazil
Brazilian Chamber of Deputies approves bill regulating crypto transactions. More
CloudWalk is the first crypto firm in Brazil to become a licensed payments institution. More
Canada
Ontario Teachers' Pension Plan to write down $95m FTX investment to zero. More
IIROC-registered Canadian crypto exchange Coinsquare suffers data breach. More
Canada to review state of digital assets, stablecoins, CBDC in new budget. More
Canada moves to protect financial sector from crypto ‘challenges’. More
El Salvador
El Salvador President denies storing Bitcoin on FTX. More
United States
Coinbase, Ripple CEOs blame SEC for FTX user strife. More
U.S. House committee to hold hearing on FTX collapse and crypto fall out. More
SEC issues subpoena to influencers promoting HEX, PulseChain and PulseX. More
SEC charges Trade Coin Club in alleged $295m bitcoin Ponzi scheme. More
BlockOne and CEO Blumer amass 17% stake in Silvergate. More
First official DAO in the US to fight SEC without attorneys. More
FTX owes almost $3.1bn to its top 50 creditors, filing says. More
New FTX CEO paid $1.3k an hour, court filings show. More
US Senators ask Fidelity to reconsider Bitcoin 401(k) offerings following FTX collapse. More
U.S. crypto investors sue FTX’s Sam Bankman-Fried, company’s celebrity endorsers. More
FINRA is investigating communications of crypto firms. More
Gensler flexes crypto enforcement record in speech. More
Coinbase draws mixed reaction on Wall Street after weak Q3. More
Cathie Woods’ ARK buys 238k more shares in Coinbase exchange amid crypto rout. More
LBRY sold tokens as securities, federal judge rules. More
US seizes 50,000 BTC related to Silk Road marketplace. More
California financial regulator announces FTX investigation. More
Sen. Pat Toomey slams Congress's failure to produce crypto regulation in good time. More
Binance role in FTX collapse under congressional scrutiny. More
Court sets Jan. 3 deadline for Celsius customers to file claims in bankruptcy case. More
Coinbase shares hit all-time low Monday as centralised exchanges deal with FTX fallout. More
Senate committee to hold FTX-related hearing in December. More
Genesis Global Capital investigated by U.S. regulators. More
New York’s mayor seeks balance with regulators after PoW mining moratorium. More
BlockFi sues Sam Bankman-Fried over Robinhood shares. More
Miami's mayor says he's still taking paycheck in Bitcoin. More
Crypto exchange Huobi plans to move headquarters to the Caribbean. More
Bahamas
Sam Bankman-Fried is ‘under supervision’ in Bahamas, reportedly looking to flee to Dubai. More
Bahamas FTX liquidators agree to transfer bankruptcy case to Delaware. More
Dominica
Dominica works with Huobi for digital identity program. More
Jamaica
Bank of Jamaica extends eCurrency deal ahead of full-scale CBDC rollout. More
St Kitts & Nevis
Caribbean nation St. Kitts and Nevis may adopt Bitcoin Cash as legal tender by March 2023. More
Middle East, Asia and Africa blockchain association launches in Abu Dhabi. More
Iran
Binance helped Iranian firms trade $8bndespite sanctions. More
Kraken settles U.S. investigation over alleged Iran sanctions violations. More
Israel
Israel’s chief economist lays out recommendations for crypto regulation. More
North Korean hacker attack on Israeli crypto firm said thwarted. More
UAE
UAE regulator revokes FTX license amid the exchange’s collapse. More
Abu Dhabi launches blockchain and cryptocurrency body. More
UAE pupils taught blockchain, crypto and tech skills to prepare them for future job market. More
India
India considers taxing crypto income from businesses headquartered elsewhere. More
India to test Digital Rupee in 4 cities with 4 banks. More
Indian finance minister says crypto regulation should be an international priority. More
Uzbekistan
Uzbekistan licenses two crypto exchange service providers. More
Troubled crypto exchange Zipmex Is in advanced takeover talks. More
Australia
ASIC suspends AFS license of FTX Australia amid crypto exchange meltdown. More
China
Chinese central bank exec says digital yuan will offer ‘controllable anonymity’. More
Hong Kong
Hong Kong crypto exchange AAX unlikely to reopen, former communications chief says. More
Crypto bank Seba opens office in Hong Kong, as the city aims to reclaim crypto hub status. More
FTX market aftershock reportedly causes Genesis Block to cease trading in Hong Kong. More
Japan
Binance re-enters Japanese crypto market with deal for Sakura. More
Japan's Central Bank to issue experimental Digital Yen in early 2023. More
Japan digital ministry to create DAO for web3 exploration. More
Singapore
Paxos granted Singapore license, plans to hire at least 130. More
Singapore approves in-principle license for crypto fund manager Hashkey. More
Temasek writes off up to $300m invested in FTX. More
Singapore government faces parliament grilling over FTX fallout. More
Singapore’s Temasek opens review into ill-fated FTX investment. More
Singapore's MAS starts wholesale CBDC project Ubin+ for cross-border payments. More
Singapore regulator says FTX doesn't operate in the city-state. More
North Korea
New Treasury sanctions link Tornado Cash to North Korea's nuclear weapons program. More
South Korea
South Korean prosecutors raid Terra co-founder's company in UST probe. More
South Korea investigates crypto exchanges for listing native tokens. More
South Korea issues arrest warrant for Do Kwon's former colleagues. More
South Korean regulators aim to toughen crypto fraud punishments. More
Bank of Korea tested NFT trading, remittances with CBDC: report. More
Thailand
Thai crypto exchange Bitkub to go public In Hong-Kong. More
Ripple expands payments offering to Africa amid US regulatory pressure. More
African central banks expect CBDC to boost policy transmission. More
The IMF wants to increase the regulation of Africa's crypto markets. More
Kenya
Kenya proposes bill to tax crypto. More
Nigeria
Nigeria offering crypto and blockchain learning scholarship program. More
Nigeria’s Presidential candidate Adebayo to create 30 million jobs using crypto. More
Nigeria’s Nestcoin held funds from its investors on stricken FTX exchange. More
South Africa
South Africa adds crypto businesses to list of accountable institutions. More
Zimbabwe
Zimbabwean central bank launches CBDC consumer survey. More
Zambia
South African crypto exchange VALR launches in Zambia. More
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