Latest from Camomile Shumba
Inversores cripto de economías emergentes fueron los más afectados por los colapsos de FTX y Terra, según estudio
El mercado de criptomonedas perdió más de US$450.000 millones tras la implosión de Terra en mayo de 2022, y otros US$200.000 millones tras la quiebra de FTX en noviembre, dijo un informe del Banco de Pagos Internacionales.

Retail Crypto Investors in Emerging Economies Hit Hardest by FTX, Terra Collapses: BIS
The crypto market lost more than $450 billion after Terra's implosion in May, 2022, and another $200 billion after FTX's bankruptcy in November, the report said.

Many Existing Stablecoins Won’t Meet Forthcoming Global Standards: FSB
The international standard setter's recommendations for regulating crypto and stablecoins are set to be released in July 2023.

Calm Before the Storm: Is UK’s Financial Watchdog Gearing Up for Enforcement Action?
The Financial Conduct Authority has largely been silent while its U.S. counterparts have been busy cracking down on crypto – but it has a list of 51 unregistered firms to act on.

Global Standard Setters Will Team Up to Tackle DeFi Regulation: FSB
Decentralized finance “does not differ substantially” from traditional finance in its functions or vulnerabilities, according to the Financial Stability Board.

Os criadores de padrões globais se unirão para enfrentar a regulamentação DeFi: FSB
As Finanças descentralizadas “não diferem substancialmente” das Finanças tradicionais nas suas funções ou vulnerabilidades, de acordo com o Conselho de Estabilidade Financeira.

UK Crypto Firms and Regulator Blame Each Other for Industry Exodus
Firms that tried, and failed, to register with the Financial Conduct Authority cite delays and poor feedback. The regulator says it rejected applications for failing to meet requirements.

UK to Start Further Development Work on ‘Likely Needed’ Digital Pound
The Bank of England and the Treasury are inviting the public to weigh in on plans for a digital euro that can be used for payments and purchases.

UK Crypto Rules Set a Modest Post-Brexit Divergence From the European Union
The industry is keenly watching divergences from Brussels in areas like stablecoins, lending and bitcoin disclosures.

UK Crypto Industry Celebrates Government’s Planned Exemptions for Crypto Ad Approvals
But the country’s financial watchdog says it will “take a consistent approach to that taken for other high-risk investments,” when the time comes to set up enforcement rules.
