Camomile Shumba

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.

Camomile Shumba

Latest from Camomile Shumba


Policy

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.

Firms may leave the country. (Romain V / Unsplash)

Tech

Standard Chartered Investment Arm Launches Tokenization Platform

Libeara will enable the creation of a tokenized Singapore dollar government bond fund.

Standard Chartered building (Chengting Xie/Unsplash)

Policy

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.

U.K Economic Secretary Bim Afolami (U.K. Parliament)

Policy

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.

European regulators will focus more on banks' exposure to crypto-linked entities. (Christian Lue/Unsplash)

Policy

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.

Thumbs down (Markus Spiske / Unsplash)

Policy

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.

Matthew Long, director of payments and digital assets at the FCA. (FCA)

Policy

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 United Kingdom British England Flag (Unsplash)

Policy

UK Regulator Publishes Guidance for Crypto Marketing Regime

The Financial Conduct Authority’s new ad regime took effect in October.

FCA building with logo (FCA)

Policy

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.

A U.K. policeman seen from behind stands in the middle of road

Policy

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.

paypal logo on a smartphone booting up the payments app (Marques Thomas/Unsplash, modified by CoinDesk)