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Latest from Camomile Shumba
The UK Has Created Crypto Banking Problems
U.K. lobbying groups and lawmakers have been complaining that crypto clients can’t find a bank and are faced with restrictions, so they are calling the government to act.

El Salvador President Bukele to Introduce Bill That Would Eliminate Taxes on Technology Innovations
The country in 2021 became the first nation to adopt bitcoin as legal tender.

Nigeria's eNaira Wallet Use, Transactions Climb Amid Cash Shortages: Bloomberg
The number of eNaira wallets has jumped more than 12-fold to 13 million since October, and the value of transactions has climbed 63% this year.

UK’s FCA Can’t Protect Crypto Investors From Losses, Says Agency’s CEO
Nikhil Rathi made the remarks in testimony in front of the Treasury Select Committee on Wednesday.

Coinbase Sued by Customer Who Says Exchange Refused to Reimburse Him for $96K Lost in Hack
The victim alleges the exchange violated various laws when it failed to pay him for the money he lost.

U.S. Lawmakers to Reintroduce Crypto Tax Reform Bill: Report
The Keep Innovation in America Act was first introduced in March 2021.

BIS Says 'Hub-and-Spoke' Cross-Border Transfers Offer Benefits to Retail CBDC
The system is designed to offer users the best foreign-exchange rates and faster transactions while allowing central banks to keep almost total control of their currencies.

Chainlink Price Feeds Go Live on Base, Coinbase’s Layer 2 Testnet
Base also joins the Web3 services platform's Scale program, allowing developers to construct smart contracts that can react to external information at a subsidized cost.

Bankrupt Crypto Lender Celsius Reopens Withdrawals for Certain Custody Accounts
The firm paused withdrawals last June, citing extreme market conditions.

Chainlink Launches Platform to Help Web2 Connect With Smart Contracts
The beta version of Chainlink Functions is now live on the Ethereum Sepolia and Polygon Mumbai test networks.
