Latest from Camomile Shumba
Central Banks Successfully Test Over 30 CBDC Use Cases, Including Offline Payments
An API layer could facilitate a wide range of central bank digital currency payment scenarios, a Bank for International Settlements and Bank of England experiment has shown.
Bitstamp, Interactive Brokers Join UK Crypto Register as First Additions in 6 Months
Crypto companies wishing to do business in the country must register with the Financial Conduct Authority.
UK Has No Plans for 'Crypto Tsar' Proposed by Some Lawmakers, Minister Says
Economic Secretary to the Treasury Andrew Griffith reiterated the government's position that crypto should not be treated like gambling at a Tuesday debate.
FCA Right to Propose Stop to Marketing Crypto as ‘Inflation Resistant,’ UK Industry Members Say
A long-running industry narrative is that limited-supply cryptocurrencies like bitcoin can hold their value against inflation – similar to gold or bonds.
Hong Kong Lawmaker Invites Coinbase to Apply to Operate in Region Amid U.S. SEC Crackdown
The company is excited to expand globally and wants to build in Abu Dhabi, Canada and Singapore, Coinbase's Vice President of International Policy said.
Free Promotional NFTs, Crypto Airdrops Would Be Banned Under New UK Rules, Official Says
Crypto airdrops and NFTs themselves will not be banned, but using such incentives alongside promotions that encourage people to invest would be, said FCA's Matthew Long.
UK Lawmakers Clash Over Government Plans to Regulate Crypto as Financial Services
While some lawmakers have aligned with the government’s proposal, others want the volatile assets to be treated as gambling.
UK FCA Proposes Ban on Crypto Incentives in Tough New Marketing Rules
The Financial Conduct Authority said it will treat crypto like a high risk investment, and will consult on new guidance for its rules on promotions.
Kim Kardashian EMAX Suit to Proceed as Court Considers Updated Complaint
A California judge backtracked on a tentative ruling to dismiss the allegations against the reality TV star after receiving a more detailed complaint.
Swift and Chainlink Will Test Connecting Over a Dozen Financial Institutions to Blockchain Networks
In a new set of experiments, Swift will collaborate with major financial market institutions like the Depository Trust and Clearing Corporation (DTCC), Australia and New Zealand Banking Group Limited (ANZ), BNP Paribas, BNY Mellon, Citi, Clearstream, Euroclear and Lloyds Banking Group.
