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Sam Bankman-Fried Distances Himself From Alameda: I Wasn’t Running It
Former FTX CEO Sam Bankman-Fried apologized for the collapse of his crypto exchange in an anticipated interview with The New York Times, but distanced himself from Alameda Research. "I wasn’t running Alameda. I didn’t know exactly what was going on. I didn’t know the size of their position," Bankman-Fried said. CoinDesk Global Policy & Regulation Managing Editor Nikhilesh De discusses the takeaways from the interview.

BlockFi Joins the Crypto Bankruptcy Parade
Crypto lender BlockFi became the latest industry heavyweight to file for Chapter 11 bankruptcy, joining Celsius Network, Voyager Digital and FTX. CoinDesk Global Policy & Regulation Managing Editor Nikhilesh De discusses the key takeaways from the first day of bankruptcy proceedings.

FTX’s New CEO Condemns Sam Bankman-Fried’s Management of the Crypto Exchange
New FTX CEO John J. Ray III issued a scathing assessment of "unprecedented" poor management practices by his predecessor, Sam Bankman-Fried, in a series of filings in a Delaware court. CoinDesk Global Policy & Regulation Managing Editor Nikhilesh De breaks down the details.

FTX Japan Ordered by Regulator to Pause Operations Following Withdrawal Halt
Japan's Financial Services Agency has ordered the local unit of Sam Bankman-Fried's crypto exchange FTX to suspend operation amid its liquidity crisis. CoinDesk Executive Director of Global Content Emily Parker discusses the details and the implications for FTX in Asia. Why did FTX leave Hong Kong and what is the country's state of crypto regulation now?

EU to Delay Vote on MiCA Legislation Until February 2023
European Union lawmakers won’t vote on the Markets in Crypto Assets regulation bill (MiCA) until February, likely meaning further delays in the landmark licensing regime for crypto companies within the bloc. CoinDesk Global Policy & Regulation Managing Editor Nikhilesh De discusses what this means for crypto adoption and regulation.

Singapore Regulator Grants Licenses to Stablecoin Issuers Circle and Paxos
The Monetary Authority of Singapore (MAS) has granted stablecoin issuer Circle an in-principle license that allows it to operate as a payments company in the country. Circle received its approval the same day fellow stablecoin issuer Paxos received its own license. CoinDesk Global Policy & Regulation Managing Editor Nikhilesh De discusses the significance for the regulatory framework in Singapore.

The Future of US Crypto Regulation
CoinDesk Global Policy & Regulation Managing Editor Nikhilesh De reacts to the debate between FTX CEO Sam Bankman-Fried and ShapeShift CEO Erik Voorhees. Plus, update on the status of DCCPA, Lummis-Gillibrand bill and DCEA.

Elon Musk Closes $44B Twitter Deal, Reportedly Fires Top Executives
Tesla CEO Elon Musk officially completed his $44 billion deal to buy Twitter and reportedly fired the social media giant's top executives. CoinDesk Global Policy & Regulation Managing Editor Nikhilesh De discusses the details and the outlook for dogecoin after its price tripled in the last seven days.

Cryptocurrency Exchange FTX ‘Likely’ to Create a Stablecoin: Report
FTX CEO Sam Bankman-Fried told The Big Whale in an interview that the crypto exchange “is very likely" to create a stablecoin. CoinDesk Global Policy & Regulation Managing Editor Nikhilesh De discusses what kind of stablecoin it could be and the exchange’s moves in a bear market.

BIS Report Finds CBDCs Useful in Foreign Exchange Transactions
The Bank for International Settlements (BIS) revealed in a report that CBDCs come in handy for foreign exchange transfers as they saw 20 different commercial banks conduct over 160 payments worth around a total of $22 million. CoinDesk Global Policy & Regulation Managing Editor Nikhilesh De discusses the ongoing Project mBridge and what it means for CBDC adoptions around the world.
