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Latest from Camomile Shumba
Crypto Industry Participants Field Questions from UK Lawmakers After FTX Collapse
In an evidence inquiry session on crypto held by the Treasury Committee, the group addressed negative questions, with some calling for more regulatory clarity.

Hong Kong Crypto Platform Hbit's $18.1M Stuck in FTX
In an announcement to shareholders on Monday, New Huo Technology Holdings Limited, said regarding its subsidiary, that $13.2 million of the money belonged to clients, while, $4.9 million were Hbit assets.

UK’s Crypto Future Is Bright No Matter Who’s in Charge, Lawmaker Says
Member of Parliament Lisa Cameron’s cross-party group for digital assets is working to ensure crypto regulations remain apolitical amid all the changes in leadership.

Bank of Korea Tested NFT Trading, Remittances With CBDC: Report
The central bank recently completed a 10-month-long experiment of a digital South Korean won.

UK Lawmakers Will Hold Inquiry to Explore NFT Regulation
U.K. members of Parliament are afraid that NFT speculation may be a "bubble."

Proposed UK Rules Will Make Advertising Crypto a Lot Harder, Industry Warns
Industry members are sounding the alarm on a proposed measure to require crypto service providers to comply with local advertising rules, which could add an additional layer of authorization to an already complex process.

SWIFT Is Partnering With Chainlink: Here’s the Down-low on the Blockchain Data Provider
Chainlink said it is helping Belgium-based SWIFT make token transfers and communicate across all blockchain environments.

Gibraltar Will Focus on Stablecoins and DeFi Lending After Market Turmoil
The territory wants to develop its regulatory framework for crypto, Albert Isola, minister for digital and financial services, said in an interview with CoinDesk.

Monetary Authority of Singapore Completes Phase 1 of CBDC Project, With More Trials to Come
The first part of the project found there was no urgent need for a retail CDBC, although the bank said it wanted to be prepared in case that changes.

UK Police Have Crypto Experts Stationed Nationwide
The police have managed to seize and store up hundreds of millions of pounds worth of cryptocurrency, but welcomes planned laws to ease seizures of crypto linked to crime and terrorism.
