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Latest from Eliza Gkritsi
OCBC Bank Mulls Setting Up Crypto Exchange: CEO
Southeast Asia’s second-largest bank is looking into a digital asset exchange to satisfy customer demand.

Chinese Local Government Warns of Digital Yuan Fraud
Earlier in November, 11 people were arrested for using the e-CNY to launder money from Cambodia.

Norway Considers Backing Swedish Crypto Mining Ban Proposal, Hints Minister
Swedish regulators think crypto mining is impeding the Paris Climate Agreement goals.

Binance Fully Integrates Ethereum Scaler Arbitrum One
Users can now deposit ether to their Binance accounts via Arbitrum One.

Binance US to Close Pre-IPO Funding in 1-2 Months
The exchange is raising “a couple hundred million,” said the parent company’s chairman, Changpeng Zhao.

TIME Magazine to Hold ETH on Balance Sheet as Part of Galaxy Digital Metaverse Deal
The publication is rolling out a “TIME 100 Companies” list for the metaverse and a weekly newsletter as part of the partnership.

RBA Steps Up CBDC Research but Is Not Convinced There Is a Policy Case Yet: Official
The Reserve Bank of Australia thinks it’s plausible that crypto becomes “niche” once stablecoins and CBDCs are in full force.

Invesco Defers Launch of Blockchain ETF in India
The fund manager cited regulatory uncertainty; India’s government is discussing new crypto legislation.

India’s Modi Asks Democracies to Cooperate on Crypto
The Indian Prime Minister said crypto can “spoil our youths.”

Crypto Exchange Gemini Trust Has $7B Valuation After $400M Funding Round
The Winklevoss-led exchange is the latest crypto firm to look for funding amid a booming market.
