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Latest from Camomile Shumba
Crypto Exchange Binance Receives Preliminary Approval to Operate in Kazakhstan
The crypto exchange has strengthened its compliance team and enhanced efforts to win operating licenses this year after drawing the ire of regulators.

Gate.io's Hippo Financial Services Obtains Hong Kong Crypto Custody License
The parent company is expanding globally.

A Growing Metaverse Poses Systemic Risks Regulators Need to Recognize, BOE Researchers Say
If the metaverse grows, households could rely more on crypto and banks and financial institutions could have greater exposure, researchers said.

Law Commission of England and Wales Sees Crypto as a New Type of Property
Changing personal property law to cover crypto and NFTs could protect investors against losses through hacks and system failures, the commission says.

EU Banking Regulator Worries It Can’t Find the Staff to Regulate Crypto: Report
José Manuel Campa, chair of the European Banking Authority, told the Financial Times he is worried the agency does not yet have the capacity to supervise digital assets.

UK Court Allows Serving Legal Documents Via NFTs
The ruling will allow legal proceedings against otherwise anonymous persons through their wallet addresses.

International Standard Setters Publish Guidance on Stablecoin Regulations
The two groups recommend that stablecoins be treated the same as other assets that perform a transfer function.

Policy Makers Should Get On With Regulating Crypto, BOE’s Cunliffe Says
The Bank of England’s deputy governor said regulators should accelerate crypto rulemaking. If certain risks involving crypto can’t be managed, related activities must be stopped.

BIS Calls for Global Collaboration With CBDC Designs
The Swiss-based Bank for International Settlements on Monday released a report produced in collaboration with the IMF and World Bank.

Boris Johnson to Quit as Pressure From Ministerial Resignations Mounts
The departure of the U.K. prime minister is likely to delay the country's plans to create a friendly environment for crypto.
