Camomile Shumba

Camomile Shumba is a CoinDesk regulatory reporter based in the UK. Previously, Shumba interned at Business Insider and Bloomberg. Camomile has featured in Harpers Bazaar, Red, the BBC, Black Ballad, Journalism.co.uk, Cryptopolitan.com and South West Londoner.

Shumba studied politics, philosophy and economics as a combined degree at the University of East Anglia before doing a postgraduate degree in multimedia journalism. While she did her undergraduate degree she had an award-winning radio show on making a difference. She does not currently hold value in any digital currencies or projects.

Camomile Shumba

Latest from Camomile Shumba


Policy

Puerto Rico Extends 4% Tax Incentive to Crypto and Blockchain Activities

Staking and exporting crypto services qualify for the tax rate.

Bandera de Puerto Rico. (Ana Toledo/Unsplash)

Policy

Nigeria Picks Bola Tinubu as President Amid Cash Shortages

Tinubu will replace Muhammadu Buhari, whose government issued the eNaira and banned banks from interacting with crypto firms.

Nigerian flag (Emmanuel Ikwuegbu/Unsplash)

Policy

Ohio Joins $22.5M Multistate Settlement Against Crypto Lender Nexo

The North American Securities Administrators Association and the U.S. Securities Exchange Commission announced the settlement in January.

(Jordan/Unsplash)

Policy

Certain Banks' Crypto Exposure Dropped by 44% Globally in 2022 From Previous Year: BIS

The Basel Committee on Banking Supervision endorsed in December rules that a bank's exposure to certain cryptocurrencies must not exceed 2%.

Agustin Carstens, directivo del BIS. (Stephen Jaffe/Getty Images)

Policy

UK Banking Regulator to Propose Rules on Issuing, Holding Crypto

The U.K. government recently released a consultation on regulating the industry and a potential central bank digital currency.

The FCA's head of markets oversight, who also oversaw crypto AML enforcement, is stepping down. (Unsplash)

Policy

FATF Agrees on Action Plan to Drive Implementation of Global Crypto Norms

The global financial crime watchdog's plenary, made up of 206 members including observer organizations like the UN, also agreed to take stock of what jurisdictions have been doing so far.

The FATF, a global anti-money-laundering watchdog, said many countries have failed to implement its standards for crypto. (NASA/Unsplash)

Policy

Why Nigerians Aren't Turning to the eNaira Despite Crippling Cash Shortages

A lack of infrastructure, merchants and interest may all be reasons why more people in the country aren't using the digital currency.

A shortage of cash in Nigeria has prompted more Nigerians to use the country's digital currency. (TVC News)

Markets

Retail Crypto Investors in Emerging Economies Hit Hardest by FTX, Terra Collapses: BIS

The crypto market lost more than $450 billion after Terra's implosion in May, 2022, and another $200 billion after FTX's bankruptcy in November, the report said.

(Ussama Azam/Unsplash)

Policy

Many Existing Stablecoins Won’t Meet Forthcoming Global Standards: FSB

The international standard setter's recommendations for regulating crypto and stablecoins are set to be released in July 2023.

(NASA/Unsplash)

Policy

Calm Before the Storm: Is UK’s Financial Watchdog Gearing Up for Enforcement Action?

The Financial Conduct Authority has largely been silent while its U.S. counterparts have been busy cracking down on crypto – but it has a list of 51 unregistered firms to act on.

(Jason Thompson/Unsplash)