Latest from Camomile Shumba
Hong Kong Sets Out Plan to Regulate Crypto, Encourage Tokenization
In its second policy statement on the subject, the government said it intends to take further steps to regulate digital asset service providers, exchanges and stablecoins.

Bankrupt Crypto Exchange FTX Slams Three Arrows Capital’s $1.53B Claim: “3AC Is Owed Nothing”
The $1.53 billion 3AC’s liquidators say the defunct hedge fund is owed is a steep increase from their initial claim for $120 million.

Coinbase Wins European MiCA License in Luxembourg
Coinbase joins other major exchanges like Bybit, OKX and Crypto.com in being able to operate across the European Union.

Thai SEC Consults on Rules Allowing Exchanges to Offer Utility Tokens
The regulator is proposing allowing crypto exchanges to issue their own utility tokens.

SOL Strategies Files to List on Nasdaq
The company, which has been aggregating Solana’s SOL, wants to enter the U.S. market.

UK to Propose Restrictions on How Banks Can Deal With Crypto Next Year
The U.K.'s incoming rules will be on the more restrictive end, said David Bailey, the executive director of prudential policy at the Bank of England.

U.K. Regulator Names Sarah Pritchard as Deputy CEO to Help Oversee Crypto, Stablecoins
Pritchard's elevation is a sign of the FCA's focus on developing a comprehensive regulatory environment for the industry.

UK Appoints First Crypto Specialist for Insolvencies
The country has been beefing up its crypto work as digital assets have soared in popularity.

U.S. Seizes Darknet, Internet Domains, Crypto Funds Tied to Illegal Trading in Credit Card Data
The BidenCash marketplace was used to buy and sell stolen credit cards as well as related personal information.

South Korea Elects Crypto-Friendly Lee Jae-myung as New President
During the election Lee Jae-myung made a host of crypto promises to appeal to the nation's 15 million crypto investors.

