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Latest from Camomile Shumba
International Standard Setters Publish Guidance on Stablecoin Regulations
The two groups recommend that stablecoins be treated the same as other assets that perform a transfer function.
Policy Makers Should Get On With Regulating Crypto, BOE’s Cunliffe Says
The Bank of England’s deputy governor said regulators should accelerate crypto rulemaking. If certain risks involving crypto can’t be managed, related activities must be stopped.
BIS Calls for Global Collaboration With CBDC Designs
The Swiss-based Bank for International Settlements on Monday released a report produced in collaboration with the IMF and World Bank.
Boris Johnson to Quit as Pressure From Ministerial Resignations Mounts
The departure of the U.K. prime minister is likely to delay the country's plans to create a friendly environment for crypto.
UK to Introduce Legislation on Stablecoins by August: BoE’s Cunliffe
There’s been at least a bit of delay in the framework thanks to recent resignations from Prime Minister Boris Johnson's government.
UK City Minister, Crypto Proponent John Glen Resigns as Ministers Quit Johnson Government
In April, Glen outlined the U.K.'s ambitions to become a crypto hub and produce a regulatory package for crypto assets.
Huobi Tech Subsidiary Is Granted US Money Transfer License
The license opens the door for the brokerage unit to offer cryptocurrency transactions in the future.
Rishi Sunak Resigns as UK Finance Minister
The now-former minister wanted the country to become a crypto hub and announced a number of plans for the digital sector in April.
Bank of England Panel Calls for Enhanced Crypto Regulation to Limit Contagion
The loss of $2 trillion of crypto market cap over a period of months has “underscored the need for enhanced regulation,” the Financial Policy Committee said.
EU Watchdog Wants to Address Threat Crypto Assets Could Pose to Financial System
The European Systemic Risk Board is looking into measures and policies to address the potential threat that crypto assets could present to the global financial system.
