Latest from Camomile Shumba
Digital Dollar Project Plans to Explore CBDC Technical Solutions With New Sandbox
The nonprofit organization advocating for a U.S. central bank digital currency plans to work with crypto platforms like Digital Asset and Ripple to explore technical and policy aspects of a digital dollar.
Sixteen Arrested in South Korea for Illegal Crypto Trading Activities: Report
An investigation by the Korea Customs Service discovered over 2.7 trillion won ($2 billion) in illegal foreign exchange transactions related to virtual assets since February.
What to Expect From the UK’s Royal Mint NFT Collection
Tokens endorsed by the U.K. government must come with perks to succeed, industry members say.
Siam Commercial Bank Scraps $500M Purchase of Stake in Thailand’s Largest Crypto Exchange
Thailand’s oldest bank said Bitkub Online needs to resolve various issues at the request of Thailand’s Securities and Exchange Commission.
South Korea Plans to Tax Crypto Airdrop Recipients: Report
The government said crypto airdrops count as gifts under tax legislation.
UK Crypto Industry Welcomes New Stablecoin Rules, Awaits Guidance
A proposed bill could give U.K. regulators new powers over payments-focused crypto assets like stablecoins, but details on how the rules might be interpreted by financial watchdogs are pending.
Crypto Exchange Binance Receives Preliminary Approval to Operate in Kazakhstan
The crypto exchange has strengthened its compliance team and enhanced efforts to win operating licenses this year after drawing the ire of regulators.
Gate.io's Hippo Financial Services Obtains Hong Kong Crypto Custody License
The parent company is expanding globally.
A Growing Metaverse Poses Systemic Risks Regulators Need to Recognize, BOE Researchers Say
If the metaverse grows, households could rely more on crypto and banks and financial institutions could have greater exposure, researchers said.
Law Commission of England and Wales Sees Crypto as a New Type of Property
Changing personal property law to cover crypto and NFTs could protect investors against losses through hacks and system failures, the commission says.
