Latest from Camomile Shumba
UK City Minister, Crypto Proponent John Glen Resigns as Ministers Quit Johnson Government
In April, Glen outlined the U.K.'s ambitions to become a crypto hub and produce a regulatory package for crypto assets.
Huobi Tech Subsidiary Is Granted US Money Transfer License
The license opens the door for the brokerage unit to offer cryptocurrency transactions in the future.
Rishi Sunak Resigns as UK Finance Minister
The now-former minister wanted the country to become a crypto hub and announced a number of plans for the digital sector in April.
Bank of England Panel Calls for Enhanced Crypto Regulation to Limit Contagion
The loss of $2 trillion of crypto market cap over a period of months has “underscored the need for enhanced regulation,” the Financial Policy Committee said.
EU Watchdog Wants to Address Threat Crypto Assets Could Pose to Financial System
The European Systemic Risk Board is looking into measures and policies to address the potential threat that crypto assets could present to the global financial system.
DeFi Shouldn't Be Regulated, Crypto Advocates Tell UK Regulator
The advice comes from those who participated in a forum the Financial Conduct Authority held to hear from the digital assets industry.
Governments May Restrict Foreign Access to Their CBDCs, Riksbank Official Says
Not all countries “play nicely” with each other, complicating how central bank digital currencies will interact with other payment systems, said Cecilia Skingsley, first deputy governor at the Swedish central bank.
Recent Crypto 'Bloodbath' Is Not Necessarily Bad, Regulators Say
The downturn can help weed out shady characters and doomed ventures, a number of officials and entrepreneurs said at a forum in Zurich last week.
Singapore Will Crack Down on Bad Crypto Behavior: Report
The Monetary Authority of Singapore will be "brutal and unrelentingly hard," the central bank's chief fintech officer said.
Huobi Expands Exchange Operations to New Zealand
The move into New Zealand marks the latest step in the exchange's growth efforts.
