Camomile Shumba

Regulatory Reporter, UK

Camomile Shumba is a CoinDesk regulatory reporter based in the UK. Previously, Shumba interned at Business Insider and Bloomberg. Camomile has featured in Harpers Bazaar, Red, the BBC, Black Ballad, Journalism.co.uk, Cryptopolitan.com and South West Londoner.

Shumba studied politics, philosophy and economics as a combined degree at the University of East Anglia before doing a postgraduate degree in multimedia journalism. While she did her undergraduate degree she had an award-winning radio show on making a difference. She does not currently hold value in any digital currencies or projects.

Latest from Camomile Shumba

Layer 2

A Peculiar Flavor of NFTs Is Thriving in China – One Regulators Can Abide

Unlike most non-fungible tokens, China’s “digital collectibles” are built on closed networks and designed to appease regulators who frown on trading and speculation.

Sep 14, 2022

"First Supper," exhibited through a projector at the 'Virtual Niche" exhibit in Beijing in April 2021. The artwork is composed of 22 pieces, each individually encoded as a NFT. (Eliza Gkritsi/TechNode)

Finance

Venture-Capital Firm Northzone Raises $1B Fund for Fintech, Web3 Investments

Web3 is a "core sector" for the firm, one Northzone partner told the Block.

Sep 13, 2022

Las estrategias de trading de los participantes de Crypto Twitter incluyen el puente a zkSync. (Mufid Majnun/Unsplash)

Policy

With New Prime Minister, UK Still Wants to Be Crypto Hub: Treasury Official

Economic Secretary Richard Fuller took part in a parliamentary debate on digital assets two days after Liz Truss was officially named the country's prime minister.

Sep 8, 2022

The U.K. still wants to carry on with its crypto plans under a new prime minister. (Paul Mansfield/Getty Images)

Policy

UK’s Truss Picks Kwasi Kwarteng to Be Finance Minister

Since 2021, Kwarteng has overseen the government’s business, energy and industrial strategy department, which has supported blockchain innovation.

Sep 6, 2022

Policy

UK Crypto Firms Must Now Report Sanctions Breaches, Freeze Accounts

The U.S. and European Union have also extended sanctions rules to crypto since Russia’s invasion of Ukraine gave way to heightened concerns over the use of digital assets to circumvent restrictions.

Sep 5, 2022

The U.K. Treasury has ordered crypto companies to report suspected sanctions violations. (Getty Images)

Policy

Liz Truss to Become UK Prime Minister After Winning Conservative Party Leadership

Truss has revealed little about her stance on crypto save for two statements that indicate she may be open to innovative-friendly regulation.

Sep 5, 2022

Liz Truss beat Rishi Sunak to become the leader of the Conservative Party. (Dan Kitwood/Getty Images)

Policy

Nigeria Plans to Create a Virtual Free Zone With Binance Crypto Exchange

The west African country wants to create something similar to Dubai’s digital city.

Sep 5, 2022

Nigerian flag (Emmanuel Ikwuegbu/Unsplash)

Policy

Digital Dollar Project Plans to Explore CBDC Technical Solutions With New Sandbox

The nonprofit organization advocating for a U.S. central bank digital currency plans to work with crypto platforms like Digital Asset and Ripple to explore technical and policy aspects of a digital dollar.

Sep 1, 2022

The Digital Dollar Project is kicking off a new CBDC sandbox in October. (Ben Mater/Unsplash)

Policy

Sixteen Arrested in South Korea for Illegal Crypto Trading Activities: Report

An investigation by the Korea Customs Service discovered over 2.7 trillion won ($2 billion) in illegal foreign exchange transactions related to virtual assets since February.

Aug 31, 2022

South Korea continues crackdown on illegal crypto activity. (Daniel Bernard/Unsplash)

Policy

What to Expect From the UK’s Royal Mint NFT Collection

Tokens endorsed by the U.K. government must come with perks to succeed, industry members say.

Aug 31, 2022

The U.K. wants to crack down on illicit crypto activity. (Simon Frederick/Unsplash)

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