Documents: Japan may let crypto exchanges list tokens without a lengthy screening process, unless the tokens are new; the rule could take effect by December (Bloomberg)

Foo Yun Chee / Reuters:
The European Commission announces the AI Liability Directive, seeking to make it easier to sue makers of AI-based drones, robots, and other products  —  The European Commission on Wednesday proposed rules making it easier for individuals and companies to sue makers of drones …

Wall Street Journal:
Speaking hours after Ethereum’s Merge update, SEC Chair Gary Gensler says cryptocurrencies that let holders stake coins may be subject to US securities laws  —  SEC chairman says system used by ether following software update could trigger securities laws  —  WASHINGTON—Ethereum’s big software update …

Jasper Jolly / The Guardian:
The UK Treasury expands its guidance on sanctions to mandate that crypto exchanges report suspected sanctions breaches immediately or face penalties  —  New rules in response to Russia’s invasion of Ukraine cover all notionally valuable digital assets  —  Crypto exchanges must report …

Shaurya Malwa / CoinDesk:
Binance and Huobi block deposits of FTX’s native token, FTT, after 192M tokens worth ~$400M were released out of schedule and without warning  —  The tokens were illicitly released from FTT’s main deployer address.  —  Crypto exchanges Binance and Huobi blocked deposits of FTT …

Bloomberg:
CryptoQuant: users removed net $3.7B in bitcoin, $2.5B in ether, and $2B+ in stablecoins from exchanges between November 6 and November 13, as FTX collapsed  —  The spectacular collapse of 30-year-old Sam Bankman-Fried’s crypto empire has fueled a spike in outflows across global crypto exchanges.

Adam James / The Block:
Nansen: over the past 24 hours, around $1B in ether, $950M in USDC, $400M in tether, and $195M in BUSD have been withdrawn from exchanges  —  – Crypto exchanges are seeing large amounts of withdrawals.  — The exchange outflows are being spurred on by FTX’s collapse.