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Latest from Camomile Shumba
UK's Proposed Crypto Rules Could Drive Away Foreign Firms, Lawyers Say
The government has said it won't extend certain regulatory exemptions reserved for foreign TradFi firms to crypto, potentially making it tougher for companies to enter the market.

Standard Chartered Investment Arm Launches Tokenization Platform
Libeara will enable the creation of a tokenized Singapore dollar government bond fund.

UK Cabinet Reshuffle Gives Bim Afolami Responsibility for Crypto, CBDC, Replacing Griffith
His predecessor, Andrew Griffith, will head up the Department for Science, Innovation and Technology.

EU Parliament Approves Data Act With Smart-Contract Kill Switch Provision
The final version of the bill's text, reviewed by CoinDesk in July, revealed that it contained a smart-contract kill switch clause.

BIS Researchers Say Stablecoins Are Failing to Live Up to Promise
For stablecoins to be able to be used as a means of exchange they should be able to maintain their value during the day, economists at the Bank for International Settlements said.

UK’s Tough Crypto Regulator FCA Won’t Go Easy on Stablecoins, Official Says
The Financial Conduct Authority on Monday published a discussion paper with proposals for a stablecoin regime.

UK Financial Watchdogs Publish Plans to Regulate Stablecoins
Big Tech companies like Meta and PayPal will be able to issue payments-focused stablecoins under the proposed rules provided they meet the criteria.

UK Regulator Publishes Guidance for Crypto Marketing Regime
The Financial Conduct Authority’s new ad regime took effect in October.

UK's National Crime-Fighting Agency Seeks Six Crypto Investigators
A crime bill passed last week gives law enforcement agencies more powers to seize and freeze crypto.

PayPal UK Unit Registers as Crypto Service Provider
The Financial Conduct Authority's approval means the payments firm can offer certain crypto services and advertise to local clients.
