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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.

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Camomile Shumba

Latest from Camomile Shumba

Policy

KuCoin to Pay $22M, Exit New York to Settle State Suit

The exchange will pay $5.3 million to the attorney general's office and refund New York customers $16.77 million.

Dec 12, 2023

16:9 KuCoin (Shutterstock)

Policy

FCA Slow to Take Crypto Enforcement Action, UK's Public Spending Watchdog Says

Even when the financial regulator has the power to act, years can go by before it takes enforcement action, the U.K.'s National Audit Office said.

Dec 11, 2023

Photo of people entering the FCA building

Policy

South Korea Financial Regulator Proposes Consumer Protection Rules for Crypto Users

The rules are scheduled to take affect on July 19 next year.

Dec 11, 2023

(Daniel Bernard/ Unsplash)

Tech

Chainlink Staking Program Quickly Pulls in $600M, Hitting Limit; LINK Jumps 12%

The blockchain-oracle project's "v0.2" staking program expanded the capacity to 45M LINK tokens from 25M, and the portion reserved for the community quickly filled up. The LINK token surged in price.

Dec 8, 2023

Chainlink co-founder Sergey Nazarov speaks at the project's SmartCon conference in Barcelona. (Chainlink)

Policy

Basel Committee Seeks to Consult on Stablecoins Risk Treatment

Regulators have been looking to increase supervision of crypto and mitigate risks posed by banks' exposure to crypto.

Dec 7, 2023

Globe, World (Kyle Glenn/Unsplash)

Policy

Asset Tokenization on Blockchains Could Increase Systemic Risks: BOE

Banks are becoming more positive about using crypto technologies for the tokenization of money and assets, the BOE said.

Dec 7, 2023

Bank of England (Camomile Shumba)

Policy

Craig Wright's Tulip Trading Must Prove Ownership of Bitcoin in Hacking Case, English Court Rules

The hearing, scheduled to take 15 days, will also seek to determine whether the alleged hack occurred.

Dec 7, 2023

Craig Wright (Eamonn M. McCormack/Getty Images for London Blockchain Conference )

Policy

Regulators Not Afraid to Take Action Against Crypto Rule Breakers, NYDFS Chief Says

The regulator has brought enforcement actions against Coinbase and Robinhood.

Dec 5, 2023

Adrienne Harris (NYDFS)

Policy

Crypto.com Receives UK Authorization as an Electronic Money Institution

The exchange said it plans to use the license to offer e-money products in the U.K.

Dec 4, 2023

UK London (Artur Tumasjan / Unsplash)

Policy

Duo Behind $9M Platypus Exploit Acquitted by Paris Court: Report

Charges were dropped after one of the accused argued he was an "ethical hacker," according to French news publication Le Monde.

Dec 4, 2023

Code (Markus Spiske / Unsplash)
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