Latest from Camomile Shumba
Crypto Firms, Banks Asked to Discuss UK Debanking, Regulator Says
While crypto firms have struggled to access banking services in the country, a wide-ranging FCA report on debanking follows allegations from broadcaster Nigel Farage that his bank account was shuttered due to his political views.

UK Crime Bill Lets Cops Freeze Crypto Faster, Channels Tainted Assets to Public Funding
The Economic Crime and Corporate Transparency Bill set to become law later this year removes some legislative hurdles that slow local cops from freezing crypto linked to crime, CoinDesk was told.

Malta Seeks to Change Its Crypto Rulebook to Get Ready for MiCA
The country's financial watchdog wants to align its framework with EU-wide rules set to take effect in 2024.

Crypto Exchange Bybit 'Exploring All Options' to Stay in UK: CEO
Companies like Luno and PayPal have halted certain crypto operations in the country in response to regulations set to take effect next month.

Ripple Will Do 80% of Its Hiring This Year Outside the U.S: Bloomberg
Brad Garlinghouse said the firm will look into hiring in countries where there is regulatory clarity.

Incoming BOE Deputy Governor Highlights Crypto Risks, Cites Benefits at Parliamentary Hearing
There are benefits to crypto technology, and the digital pound could anchor digital money, Sarah Breeden said.

Luno to Halt Some UK Clients From Investing in Crypto as Regulation Looms
The U.K. Financial Conduct Authority crypto promotion rules will be effective by October 8.

Taiwan Crypto Watchdog to Issue 10 Guiding Principles for Virtual Assets in September: Report
The guidance will be focused on ensuring crypto businesses establish review mechanisms and comply with anti-money laundering laws.

Russian Lawmaker Predicts That Digital Ruble Will Displace Banks
Soon it will be possible to get a loan in the digital ruble and decisions will be made by a robot, Anatoly Aksakov, the head of the State Duma Banking Committee, said, expressing his opinion in a meeting.

Global Standard Setters to Deliver Global Crypto Policy Roadmap
The Financial Stability Board and the International Monetary Fund are set to deliver a paper calling for global coordination on crypto policy at this weekend's G20 summit.
