Latest from Camomile Shumba
The Market Has Become 'Overly Excited' for Stablecoins, Hong Kong Financial Regulator Says
Only a few stablecoin licenses will be issued, Hong Kong Monetary Authority CEO Eddie Yue said.
FBI Drops Criminal Probe Into Kraken Founder Jesse Powell
Jesse Powell is no longer under investigation for alleged hacking tied to a nonprofit he co-founded.
UK Says Crypto Sector Likely Under Reporting Sanction Breaches
U.K.-based crypto asset firms also face a high risk of being targeted by North Korean hackers, many of which operate on behalf of sanctioned entities, the report said.
Two Arrested in UK on Suspicion of Running Illegal Crypto Exchange
Seven crypto ATMs were also found and seized by the FCA.
Early Bitcoin Investor Roger Ver Sues Spain to Prevent Extradition to the U.S.
Spain’s order “amounts to a clear denial of justice and a breach of the rules governing extradition procedures,” according to a copy of the complaint reviewed by Bloomberg.
China Merchants Bank’s Brokerage Arm Secures Hong Kong Virtual Assets License: Report
CMBI is the first Mainland China broker to get a virtual assets license from Hong Kong’s Securities and Futures Commission.
UK Commits to Enabling DLT, Tokenization Work in its Wholesale Strategy
Regulators will also explore how stablecoins can be utilized in the new Digital Securities Sandbox.
FSB Chair Makes Stablecoins a Priority Ahead of G20 Meeting
Andrew Bailey said the FSB should continue implementing its agreed stablecoins recommendations and monitor developments in this area across jurisdictions.
EU Central Bank Commits to Distributed Ledger Technology Settlement Work
"The decision is in line with the Eurosystem’s commitment to supporting innovation without compromising on safety and efficiency in financial market infrastructures," a release said.
'Like Ordering McDonald's:' Malta's MiCA Fast-Track Draws Oversight Concerns
Some people think Malta is nimble and innovative when it comes to regulation. But others see a fast track to regulatory arbitrage.
