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Latest from Camomile Shumba
Zambia to Wrap Crypto Regulation Tests by June: Report
The country is also exploring the issuance of a central bank digital currency.
Stablecoins Need to Be Regulated Like Commercial Bank Money, Bank of England's Andrew Bailey Says
The central bank governor also said regulators can't rule out central bank digital currencies as the U.K. explores a digital pound.
UK NFT Dropped Over Lack of Demand, Finance Minister Hunt Says
The Royal Mint was asked to create a digital token last year, when NFTs were much more popular.
What the Bank of England’s Stablecoins Regime Could Look Like
The Bank of England's upcoming crypto regime would try to ensure that funds are returned to customers when certain crypto firms enter a crisis.
UK Crypto Promotions Laws Hoped to Be in Place by Late 2023
The Financial Services and Markets Act amendment, which would enable the new rules, will soon be discussed in Parliament.
Binance Case Is Clear Evasion of Law, Says CFTC Chair Behnam
The CFTC on Monday filed suit against the crypto exchange and CEO Changpeng Zhao.
The UK Has Created Crypto Banking Problems
U.K. lobbying groups and lawmakers have been complaining that crypto clients can’t find a bank and are faced with restrictions, so they are calling the government to act.
El Salvador President Bukele to Introduce Bill That Would Eliminate Taxes on Technology Innovations
The country in 2021 became the first nation to adopt bitcoin as legal tender.
Nigeria's eNaira Wallet Use, Transactions Climb Amid Cash Shortages: Bloomberg
The number of eNaira wallets has jumped more than 12-fold to 13 million since October, and the value of transactions has climbed 63% this year.
UK’s FCA Can’t Protect Crypto Investors From Losses, Says Agency’s CEO
Nikhil Rathi made the remarks in testimony in front of the Treasury Select Committee on Wednesday.
