Latest from Camomile Shumba
Binance to Stop Accepting New U.K. Users to Comply With Ad Rules
The firm will stop accepting new users starting Monday after U.K. regulator FCA last week restricted Binance's local partner from approving crypto ads.
California 'BitLicense' Bill Signed by Gov. Newsom
The Digital Financial Assets Law will take effect on July 1, 2025.
UK FCA Working on Blue Print for Fund Tokenization Due This Year
The U.K. financial regulator said earlier in the year it was speaking to firms and trade groups in relation to proposals on fund tokenization.
U.K. Group Calls for NFT Copyright Infringement Safeguards and Code of Conduct
The Culture, Media and Sport Committee, which includes representatives from several U.K. political parties, started an inquiry into non-fungible tokens in November.
Binance's U.K. Partner Can't Approve Crypto Ads, Regulator Says
The Financial Conduct Authority may have derailed Binance's plans to comply with the new crypto marketing regime by imposing restrictions on the firm's recently enlisted local partner.
Hamas-Linked Crypto Accounts Frozen by Israeli Police, With Binance's Help: Report
Israeli authorities had previously seized around 190 Binance accounts with alleged ties to terrorist groups.
Nomura-Backed Komainu Joins U.K. Crypto Register
The firm registered with the Financial Conduct Authority just before new ad rules took effect on Sunday.
Nexo to Phase Out Cashback for UK Exchange and Card Transactions as FCA Rules Approach
Bybit said it will suspend its U.K. operations entirely and Paypal said it would temporarily stop crypto purchases.
Crypto vs. Banks? It’s Not Either-Or for Chainlink, Ripple
Rather than attempting to disrupt banks and other traditional payments systems, these high-profile blockchain developers are looking to court their business.
Why Some Crypto Firms Are Suspending Services in the U.K.
Bybit and PayPal have recently withdrawn certain services from the U.K. and Luno has halted some U.K. clients from investing in crypto – just ahead of tough new promotions rules for crypto firms coming into effect.
