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.

Lo último de Camomile Shumba

Policy

China Vows to Clarify Web3, NFT Development Path

Moving forward, China’s Web3 strategy would encourage the development of new business models such as NFT and accelerate the innovative application of Web3, the Ministry of Science and Technology said.

Dec 20, 2023

16:9 Crop: Shanghai, China (Li Yang / Unsplash)

Finance

FTX's Bahamas Wing Reaches Agreement With U.S. Bankruptcy Team, Streamlining Future Actions

This deal will pave the way for assets to be pooled and distributed to FTX.com customers.

Dec 19, 2023

Albany, a residential complex where Sam Bankman-Fried lived in a penthouse with others. (Amitoj Singh/CoinDesk)

Policy

HashKey Capital Singapore Secures Capital Markets Services License From MAS

The firm follows crypto exchange DigiFT, which received a CMS license last month.

Dec 19, 2023

Night view of Singapore from the habor. (Larry Teo/Unsplash)

Policy

UK Publishes Regulations for a Digital Securities Sandbox

The sandbox will let regulators and companies test solutions, including distributed ledger technology, to tokenize securities.

Dec 18, 2023

UK United Kingdom British England Flag (Unsplash)

Policy

Revolut to Suspend UK Crypto Services, Citing FCA's New Ad Rules

Many crypto firms have had to withdraw their services to adjust to the Financial Conduct Authority's promotions rules which came into effect in October.

Dec 18, 2023

Revolut to Suspend Certain Crypto Services (Kaysha/ Unsplash)

Policy

Fairshake Super PAC Raises $78M to Support Crypto Candidates in 2024 U.S. Election

The group has support from a16z, Ark, Circle, Ripple, Coinbase and more.

Dec 18, 2023

Policy

Lawmaker Calls for the UK Government to Do More for Blockchain

Member of Parliament Natalie Elphicke also announced that the parliamentary group she chairs will be hosting industry round tables and a call for evidence.

Dec 15, 2023

UK MP Natalie Elphicke Calls for the Government to do More for Blockchain (Camomile Shumba/CoinDesk)

Policy

Global Banking Regulator Wants Tougher Criteria for Giving Stablecoins Preferential Risk Treatment

The Basel Committee for Banking Supervision wants to tighten requirements that allow stablecoins to qualify as less risky than unbacked cryptocurrencies like bitcoin.

Dec 14, 2023

Policy

S&P Faults Biggest Stablecoin, Tether's USDT, as It Debuts New Industry Ranking

USDT was assigned a low score of four, meaning the largest stablecoin is constrained in its ability to maintain its peg to fiat, the rating agency says.

Dec 13, 2023

Ratings company S&P Global has started ranking stablecoins' ability to hold their pegs. (eswaran arulkumar/Unsplash)

Policy

Three Arrows Co-Founder Su Zhu Faces Questioning in Singapore Court in Hunt for Assets: Bloomberg

Zhu is expected to be released from jail this month for good behavior, Bloomberg reported.

Dec 13, 2023

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