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Lo último de Camomile Shumba
UK Banking Regulator to Propose Rules on Issuing, Holding Crypto
The U.K. government recently released a consultation on regulating the industry and a potential central bank digital currency.
FATF Agrees on Action Plan to Drive Implementation of Global Crypto Norms
The global financial crime watchdog's plenary, made up of 206 members including observer organizations like the UN, also agreed to take stock of what jurisdictions have been doing so far.
Why Nigerians Aren't Turning to the eNaira Despite Crippling Cash Shortages
A lack of infrastructure, merchants and interest may all be reasons why more people in the country aren't using the digital currency.
Retail Crypto Investors in Emerging Economies Hit Hardest by FTX, Terra Collapses: BIS
The crypto market lost more than $450 billion after Terra's implosion in May, 2022, and another $200 billion after FTX's bankruptcy in November, the report said.
Many Existing Stablecoins Won’t Meet Forthcoming Global Standards: FSB
The international standard setter's recommendations for regulating crypto and stablecoins are set to be released in July 2023.
Calm Before the Storm: Is UK’s Financial Watchdog Gearing Up for Enforcement Action?
The Financial Conduct Authority has largely been silent while its U.S. counterparts have been busy cracking down on crypto – but it has a list of 51 unregistered firms to act on.
Global Standard Setters Will Team Up to Tackle DeFi Regulation: FSB
Decentralized finance “does not differ substantially” from traditional finance in its functions or vulnerabilities, according to the Financial Stability Board.
UK Crypto Firms and Regulator Blame Each Other for Industry Exodus
Firms that tried, and failed, to register with the Financial Conduct Authority cite delays and poor feedback. The regulator says it rejected applications for failing to meet requirements.
UK to Start Further Development Work on ‘Likely Needed’ Digital Pound
The Bank of England and the Treasury are inviting the public to weigh in on plans for a digital euro that can be used for payments and purchases.
UK Crypto Rules Set a Modest Post-Brexit Divergence From the European Union
The industry is keenly watching divergences from Brussels in areas like stablecoins, lending and bitcoin disclosures.
