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Latest from Camomile Shumba
Binance Restarts in Belgium Three Months After Order to Stop
In June, the exchange was told to stop serving Belgian clients by the Financial Services and Markets Authority.

South Koreans Hold $99B of Digital Assets Overseas: Tax Service
The crypto held abroad accounts for about 70% of all assets held outside the country.

UK Just Passed an Online Safety Bill That Will Apply to the Metaverse
The bill requires companies to assess the likelihood that children will encounter harmful content in virtual worlds and have measures in place to mitigate such risks.

Crypto Firms, Banks Asked to Discuss UK Debanking, Regulator Says
While crypto firms have struggled to access banking services in the country, a wide-ranging FCA report on debanking follows allegations from broadcaster Nigel Farage that his bank account was shuttered due to his political views.

UK Crime Bill Lets Cops Freeze Crypto Faster, Channels Tainted Assets to Public Funding
The Economic Crime and Corporate Transparency Bill set to become law later this year removes some legislative hurdles that slow local cops from freezing crypto linked to crime, CoinDesk was told.

Malta Seeks to Change Its Crypto Rulebook to Get Ready for MiCA
The country's financial watchdog wants to align its framework with EU-wide rules set to take effect in 2024.

Crypto Exchange Bybit 'Exploring All Options' to Stay in UK: CEO
Companies like Luno and PayPal have halted certain crypto operations in the country in response to regulations set to take effect next month.

Ripple Will Do 80% of Its Hiring This Year Outside the U.S: Bloomberg
Brad Garlinghouse said the firm will look into hiring in countries where there is regulatory clarity.

Incoming BOE Deputy Governor Highlights Crypto Risks, Cites Benefits at Parliamentary Hearing
There are benefits to crypto technology, and the digital pound could anchor digital money, Sarah Breeden said.

Luno to Halt Some UK Clients From Investing in Crypto as Regulation Looms
The U.K. Financial Conduct Authority crypto promotion rules will be effective by October 8.
