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Regulations
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.

BlockFi Files for Bankruptcy as FTX Contagion Spreads
BlockFi received a $400 million line of credit from FTX earlier this year.

FTX Direct Clearing Plan Was Nowhere Close to Being Approved, CFTC Chief Says
Rostin Behnam, the agency's chairman, did say FTX executives met frequently with the regulator.

UK Crypto Fraud Climbs by a Third to Over $270M: Report
The country is in a recession and the cost of living has increased, making some people vulnerable to fraudsters.

Bahamas' Attorney General Defends Country's Regulatory Regime Amid FTX 'Debacle'
Ryan Pinder disputed the notion that FTX moved to the country because it didn't want to "submit to regulatory scrutiny."

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.

Bitcoin, Ether Needn't Follow Financial Rules, Belgian Regulator Says
Officials hope to fend off a rising number of questions about how crypto should be regulated and when they should be treated as securities.

UK Lawmakers Support Easy Seizure of Crypto Linked to Terrorist Activity
The lower chamber of the U.K. Parliament had already voted in favor of proposed rules to make it easier for law enforcement to target crypto linked to crime.

Bahamas Securities Regulator Blasts 'Inaccurate' Accusations Made by FTX
The Securities Commission of The Bahamas said FTX misrepresented the regulator's move to secure the embattled exchange's assets against hacks in bankruptcy court filings in the U.S.
