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Latest from Camomile Shumba
With MiCA Past the Finish Line, UK's Crypto Industry Calls for Rules of Its Own
The finalization of the landmark EU law puts “significant pressure” on the U.K. to deliver its crypto rules, one industry group said.
BoE Considers Limits on Stablecoin Payments as Parliament Debates New Crypto Rules
The Bank of England plans on releasing a consultation proposal by the end of the year, Jon Cunliffe said at Innovate Finance’s annual global summit.
UK’s New Technology Department to Tackle Country’s Metaverse, Web3 Strategy
The department will explore economic growth, investment and business opportunities in these areas, as well as implications on regulation.
Zambia to Wrap Crypto Regulation Tests by June: Report
The country is also exploring the issuance of a central bank digital currency.
Stablecoins Need to Be Regulated Like Commercial Bank Money, Bank of England's Andrew Bailey Says
The central bank governor also said regulators can't rule out central bank digital currencies as the U.K. explores a digital pound.
UK NFT Dropped Over Lack of Demand, Finance Minister Hunt Says
The Royal Mint was asked to create a digital token last year, when NFTs were much more popular.
What the Bank of England’s Stablecoins Regime Could Look Like
The Bank of England's upcoming crypto regime would try to ensure that funds are returned to customers when certain crypto firms enter a crisis.
UK Crypto Promotions Laws Hoped to Be in Place by Late 2023
The Financial Services and Markets Act amendment, which would enable the new rules, will soon be discussed in Parliament.
Binance Case Is Clear Evasion of Law, Says CFTC Chair Behnam
The CFTC on Monday filed suit against the crypto exchange and CEO Changpeng Zhao.
The UK Has Created Crypto Banking Problems
U.K. lobbying groups and lawmakers have been complaining that crypto clients can’t find a bank and are faced with restrictions, so they are calling the government to act.
