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Latest from Camomile Shumba
Robinhood Shares Worth Nearly $500M Seized in FTX Case
The stock was owned – via a holding company – by Sam Bankman-Fried and FTX co-founder Gary Wang.
UK Enforces Crypto Tax Break for Foreigners Using Local Brokers
The measures now in effect are part of the government's plans to turn the country into a crypto hub.
Another Crypto.com Ad Banned by UK Advertising Regulator
The company also had two ads banned in January for being misleading.
Boris Johnson's Brother Quits as Binance Adviser
Binance has struggled launch operations in the U.K. and may be facing money laundering charges from the U.S.
UK's Financial Services and Markets Bill Should be Passed by Spring 2023, Treasury Says
The Financial Services and Markets Bill that is currently being debated will give regulators more power over crypto.
Kazakhstan to Press On With CBDC Development Until 2025
For the next two years the country will work on developing industrial operations and cooperate with other central banks on cross-border and currency-exchange applications.
Nigeria to Recognize Crypto as Investment Capital: Report
A proposed bill will lay out crypto supervisory powers of the Central Bank of Nigeria and the country's securities regulator, an official has said.
Basel Committee Endorses Global Crypto Banking Rules to Be Implemented by 2025
The rules suggested that a bank's exposure to certain crypto assets must not exceed 2% and should generally be lower than 1%.
DeFi Can Exacerbate Volatility Without Even Avoiding Middlemen, BIS Reports Say
The group of central banks continues its pessimism, as crypto innovations seek to make financial markets more efficient.
Incoming FCA Chair Calls Crypto Firms Like FTX 'Deliberately Evasive'
Ashley Alder, who is currently the CEO of Hong Kong’s Securities and Futures Commission, will be commencing his role with the Financial Conduct Authority on Feb. 20, he told the Treasury Committee.
