Latest from Camomile Shumba
UK Wants to Make It Easier to Seize Crypto in Terrorism Cases
The government wants to mirror planned changes to the Economic Crime and Transparency bill to enable authorities to swiftly seize crypto assets linked to terrorist activities.
OECD Releases New Global Tax Reporting Framework for Crypto Assets
The framework's scope will include stablecoins, crypto derivatives and certain NFTs.
Crypto Exchange Binance Receives License to Operate in Kazakhstan
The exchange had earlier got a preliminary approval to operate in the country.
UK Shuts Down Temporary Crypto Company Licensing Program
The time it takes to register a firm depends on the quality of the information provided to the Financial Conduct Authority, the regulator told CoinDesk.
Uzbekistan Introduces Monthly Fees for Crypto Companies Effective Immediately
The new regulations also require crypto custody platforms, mining pools and individual miners to pay monthly fees to the government.
Bank of England Deputy Governor Says Existing Financial Regulations Should Extend to Crypto
Jon Cunliffe says rules should be put in place before the digital-asset industry becomes large enough to threaten broader financial stability.
ECB Exploring Distributed Ledger Technology for Interbank Settlements: Panetta
A system that builds on existing interbank settlement infrastructure instead of one based entirely on DLT can be implemented "more rapidly" according to ECB executive board member Fabio Panetta.
UK Introduces Law to Seize, Freeze and Recover Crypto
The Economic Crime and Corporate Transparency bill is meant to build on an earlier law that helped regulators place sanctions on Russia.
S. Korean Watchdog Says $7.2B Transfered Overseas Mainly Through Crypto Exchanges: Report
Majority of the transfers were in U.S. dollars and most of the funds were transfered to Hong Kong, according to the report.
Crypto Remains a Priority for UK Under New Leader, Drawing Industry Excitement
Industry advocates in the country worried previous finance minister Rishi Sunak's crypto plans wouldn't pan out, especially after his recent defeat in the race for prime minister.
