Latest from Camomile Shumba
EU Regulator Details How It Classifies Unlawful Overseas Businesses Under MiCA
The European Securities and Markets Authority released an opinion to aid firms that may do business with overseas firms in order to prevent them breaching the rules on Wednesday.
Stablecoin Balance Sheets Can Be Supervised, BIS and UK Central Bank Project Claims
Project Pyxtrial is a first step towards a tool that could support supervisors and regulators in proactively detecting issues in stablecoin backing, a report said.
Bank of England to Carry Out CBDC, Digital Ledger Experiments
In a new discussion paper, the U.K. central bank also said it wants to ensure stablecoins are interchangeable with the pound.
One Trading Secures Regulatory Approval From Dutch Regulator to Offer Crypto Derivatives Trading in Europe
With the new license, One Trading becomes the only perpetual futures trading venue in the EU and the first cash-settled perpetuals platform in Europe, according to a company press release.
Slovenia Becomes First European Union Nation to Issue Sovereign Digital Bond
The 30 million-euro ($32.5 million) bond was settled through the Bank of France's tokenized cash system and coordinated by BNP Paribas.
Stablecoin Default Guarantees Pose Risks to the Issuing Banks, Swiss Regulator Says
FINMA's guidance explains how banks can limit the risks associated with guaranteeing stablecoin customers' deposits.
Russian-Speaking Groups Responsible for Majority of Crypto Ransomware Attacks in 2023: TRM Labs
Inflows to Russia-based crypto exchange Garantex accounted for 82% of the crypto volumes that belonged to sanctioned entities internationally, the report added.
Coinbase's CBPL Fined $4.5M by UK Regulator for Lapses in Onboarding Controls
Despite restrictions in place, CBPL onboarded 13,416 high-risk customers for e-money services, the Financial Conduct Authority said.
Blockchain Friendly Roberta Metsola Reelected as EU Parliament President
In 2018, as a member of the European Parliament for Malta, she called for regulation on crypto and blockchain when needed, without stifling innovation.
Craig Wright Referred to UK Prosecutors for Consideration of Perjury Charges
Judge James Mellor also approved injunctions that prevent Wright from taking others to court again under the guise he is Satoshi Nakamoto.
