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Latest from Camomile Shumba
UK Crypto Industry Celebrates Government’s Planned Exemptions for Crypto Ad Approvals
But the country’s financial watchdog says it will “take a consistent approach to that taken for other high-risk investments,” when the time comes to set up enforcement rules.

UK Crypto Firms to Get Broad Laws, May Need New Authorization
The industry has largely welcomed proposals that could cover crypto lending and NFTs, and force foreign companies to register and set up in the country.

UK Finance Ministry to Propose Broad Rules for Crypto, Invites Industry Feedback
The Treasury also gave crypto companies a time limited exemption to approve their own crypto promotions until more regulation comes.

UK's FCA Flagged Some Crypto Firms Seeking Regulatory Approval to Law Enforcement
A number of those investigations into financial crime or "direct links to organized crime" are ongoing, an official at the Financial Conduct Authority said.

UK’s FCA Issues Advice for Crypto Firms After Only 41 of 300 Applicants Win Regulatory Approval
The Financial Conduct Authority has faced criticism over its arduous registration regime, with some companies dropping out of the process altogether.

Crypto Exchange Mango Markets Sues Exploiter for $47M in Damages
The platform wants its money back from trader Avraham Eisenberg after losing $114 million in October.

UK Treasury Is Looking for CBDC Head as It Explores Digital Pound
The country's government will introduce a consultation on its CBDC in the coming weeks.

Central African Republic Forms Committee to Draft Crypto Bill
The country, which made bitcoin legal tender in April, wants to pave way for broader crypto adoption.

Crypto Lender Genesis Is FTX's Largest Unsecured Creditor With $226M in Claims
Genesis Global Capital leads the revised list that un-redacted the names of several creditors.

UK Trade Groups See Opportunity in Document Bill Under Debate in Parliament
The legislation could enable blockchain technology as a way to store documents.
