IMF calls for more crypto regulation in Africa, says 25% of countries in sub-Saharan Africa have regulated crypto and two-thirds have imposed some restrictions (Ana Paula Pereira/Cointelegraph)

Helen Partz / Cointelegraph:
Hours after announcing an emergency deal with Binance, FTX CEO Sam Bankman-Fried deletes a Twitter thread saying the exchange and assets were “fine”  —  Sam Bankman-Fried has deleted a Twitter thread where he tried to assure customers that FTX and the assets on the platform were “fine.”

Frederick Munawa / CoinDesk:
Chainalysis: sub-Saharan Africa crypto usage is driven by everyday necessity; 80% of crypto payments in the region are under $1K, the world’s highest proportion  —  The report shows strong crypto usage and adoption rates in the region.  With highly educated young people and low job prospects …

Yashu Gola / Cointelegraph:
Dogecoin surged by nearly 75% on Saturday after Elon Musk took control of Twitter, its biggest daily gain since April 2021, as it rallied 150% since October 25  —  DOGE price could drop 60% by the end of this year as it reaches its most overbought level since April 2021.  —  5093 Total views

Brian Quarmby / Cointelegraph:
The US SEC says it is preparing charges against SBF to be filed in court on December 13, separate from the ones leading to his recent arrest in The Bahamas  —  SBF has finally been slapped with criminal charges and will be extradited to the U.S., once there, he will have to face separate charges from the SEC.

Savannah Fortis / Cointelegraph:
Changpeng Zhao says the National Bank of Kazakhstan plans to integrate its CBDC on the BNB Chain; Kazakhstan gave Binance a license to operate on October 6  —  Officials in Kazakhstan continue their close relationship with Binance, as the National Bank plans to integrate its CBDC on the BNB Chain.

Ana Swanson / New York Times:
The Biden administration adds 31 Chinese companies and institutions, including YMTC, to an “unverified list”, limiting their ability to obtain regulated US tech  —  The White House is set to issue sweeping restrictions on selling semiconductors and chip-making equipment to China …