Latest from Camomile Shumba
Binance Secures License in Dubai to Offer More Crypto Services
The exchange had previously secured a license to offer limited crypto exchange products and services to qualified investors in Dubai.
El Salvador's Debt Rating Cut to CC by Fitch
The rating agency said the country is likely to default on a January debt repayment because it has limited market access to raise the funds needed, in part because of its bitcoin adoption.
South Korea Looks to Invalidate Terra Co-Founder Do Kwon's Passport: Report
The CEO of Terra along with five others were issued with an arrest warrant on Wednesday.
A Peculiar Flavor of NFTs Is Thriving in China – One Regulators Can Abide
Unlike most non-fungible tokens, China’s “digital collectibles” are built on closed networks and designed to appease regulators who frown on trading and speculation.
Venture-Capital Firm Northzone Raises $1B Fund for Fintech, Web3 Investments
Web3 is a "core sector" for the firm, one Northzone partner told the Block.
With New Prime Minister, UK Still Wants to Be Crypto Hub: Treasury Official
Economic Secretary Richard Fuller took part in a parliamentary debate on digital assets two days after Liz Truss was officially named the country's prime minister.
UK’s Truss Picks Kwasi Kwarteng to Be Finance Minister
Since 2021, Kwarteng has overseen the government’s business, energy and industrial strategy department, which has supported blockchain innovation.
UK Crypto Firms Must Now Report Sanctions Breaches, Freeze Accounts
The U.S. and European Union have also extended sanctions rules to crypto since Russia’s invasion of Ukraine gave way to heightened concerns over the use of digital assets to circumvent restrictions.
Liz Truss to Become UK Prime Minister After Winning Conservative Party Leadership
Truss has revealed little about her stance on crypto save for two statements that indicate she may be open to innovative-friendly regulation.
Nigeria Plans to Create a Virtual Free Zone With Binance Crypto Exchange
The west African country wants to create something similar to Dubai’s digital city.
