Regulations
FTX's Former Auditor Prager Metis Sued by SEC
The regulator alleged in a court filing that the firm had entered into contracts with clients that violated auditor independence rules.

Coinbase Obtains Payment License in Singapore
The Coinbase International Exchange received regulatory approval from Bermuda's financial regulator, and Coinbase registered with Spain's central bank last week.

BlockFi Says It's Taken Major Step Toward Emerging From Bankruptcy
The beleaguered lender’s restructuring plan may soon be finalized, pending a bankruptcy judge’s approval, BlockFi said in a notice to creditors.

Bankrupt Crypto Hedge Fund 3AC's Su Zhu Apprehended in Singapore, Liquidator Says
Co-founder of the Three Arrows Capital hedge fund was seized at Changi airport, Teneo said

JPEX Crypto Exchange Probe Sees 4 More Arrests: SCMP
Hong Kong and Macau authorities say they've detained people closely linked to the scandal, bringing total arrests to 18.

Circle Intervenes in Binance’s SEC Case, Argues Stablecoins Aren't Securities
Stablecoin buyers don't expect a profit so it's not an investment contract, argues the USDC issuer, supported by former commodities regulator Heath Tarbert.

U.S. House Bill Seeks Centralized Record of Off-Chain Crypto Transactions
A Democrat in Congress is waging a lonely crusade against off-chain secrecy by calling for exchanges’ internal records to be shared with central repositories.

Coinbase Receives Regulatory Approval to List Perpetual Futures Trading to Users Outside US
The company has been looking to expand globally and announced its international exchange in May this year.

EU Seeks More Data on Crypto’s ‘Significant’ Environmental Harm
The bloc’s executive arm is spending $842K on a study as it mulls what to do about energy-hungry proof-of-work technology

Central Banks Successfully Test Cross Border Trading of Wholesale CBDC Using DeFi
The Bank for International Settlements alongside the central banks of France, Singapore and Switzerland tested out using wholesale CBDC to conduct cross border trading.
