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Latest from Camomile Shumba
Thailand SEC Issues Regulations for Crypto Custody Providers
The regulator says custodians should have a contingency plan if something goes wrong.
Crypto Lender Nexo Sues Cayman Island's Regulator for Denied VASP Registration
Nexo has sued the Cayman Islands Monetary Authority to overturn its rejection of Nexo's application to register as a virtual asset services provider.
UK Court Sentences 4 Men to 15 Years for $26M Crypto Fraud
The offenders used the internet to obtain millions, Jonathan Kelleher of the Crown Prosecution Service said.
China's Digital Yuan Used to Buy Securities for the First Time: Report
Last week, the country also added a function to its e-CNY payment app that allows users to make payments offline.
Five UK Associations Form Crypto Alliance to Steer Digital Asset Regulation
The U.K. Forum for Digital Currencies, which includes City of London Corporation, also aims to further the country's crypto hub ambitions.
UK ‘Fully Behind’ Stablecoin for Wholesale Settlements, Treasury Official Says
Crypto technology could “turbocharge all of those (financial) industries,” Economic Secretary to the Treasury Andrew Griffith told Parliament.
Robinhood Shares Worth Nearly $500M Seized in FTX Case
The stock was owned – via a holding company – by Sam Bankman-Fried and FTX co-founder Gary Wang.
UK Enforces Crypto Tax Break for Foreigners Using Local Brokers
The measures now in effect are part of the government's plans to turn the country into a crypto hub.
Another Crypto.com Ad Banned by UK Advertising Regulator
The company also had two ads banned in January for being misleading.
Boris Johnson's Brother Quits as Binance Adviser
Binance has struggled launch operations in the U.K. and may be facing money laundering charges from the U.S.
