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Latest from Sandali Handagama
Now That He Has the Power to Make His Crypto Dreams Come True, Will He?
As finance minister earlier this year he backed measures for regulating stablecoins and boldly declared he would turn the U.K. into an international hub for crypto. Now he’s prime minister and an FTX-scarred industry is watching. That’s why Rishi Sunak is one of CoinDesk’s Most Influential 2022.

Setting a Standard for Global Regulation of Crypto
The European Commission finally passed the EU’s landmark Markets in Crypto Assets framework with buy-in from 27 member states. For pushing MiCA deftly through a complex legislative process, Commissioner Mairead McGuinness is one of CoinDesk’s Most Influential 2022.

FTX Japan Plans to Restart Local Customer Withdrawals
The crypto exchange's subsidiary has confirmed Japanese customer funds will remain separate from the ongoing bankruptcy proceedings in the U.S.

Crypto Exchanges Nexo and Gemini Expand to Italy, Register With Regulator
Entry into Italy's registry for virtual currency operators is mandatory to operate in the country.

Bitcoin's Last Stand: ECB Staffers Say the Crypto Is on 'Road to Irrelevance'
Crypto regulation can be misunderstood as approval, the officials at the European Central Bank said.

Singapore's Financial Regulator Defends Itself After FTX Blowup
Singapore state fund Temasek’s investment in FTX caused "reputational damage," but “it is the nature of investment and risk-taking,” said Deputy Prime Minister Lawrence Wong.

Ukraine Considering CBDC That Can Facilitate Crypto Trading
The National Bank of Ukraine says it is looking at retail payments, virtual asset circulation and cross-border transactions as possible use cases for an electronic hryvnia.

Singapore Banks' Exposure to Bitcoin 'Insignificant' but Subject to Highest Risk Weight
Banks must hold $125 in capital against every $100 worth of bitcoin, a senior minister said.

Bitcoin.org's 'Cøbra' Must Unmask to Challenge Craig Wright's Legal Costs, UK Court Rules
Wright, the self-proclaimed inventor of Bitcoin, was granted permission to serve legal papers on Cøbra as he sought a declaration of his ownership of copyright to the Bitcoin white paper.

Turkish Authorities Order Seizure of 'Suspicious' FTX Assets
The country's Financial Crimes Investigation Board says Sam Bankman-Fried is also under investigation.
