Latest from Camomile Shumba
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.
Australia Cracks Down on Crypto ATM Providers as Scammers Target the Elderly
Anti-money laundering regulator AUSTRAC obtained data showing that 72% of all crypto ATM transactions are carried out by people over the age of 50.
France Charges 25 People, Including 6 Minors, in Crypto Kidnapping Cases
The investigation is largely focused on the kidnapping attempt of the daughter and grandson of the CEO of crypto exchange Paymium, Pierre Noizat.
Russia Says Financial Institutions Can Offer Crypto-Linked Instruments to Qualified Investors
The Bank of Russia said "financial institutions may offer qualified investors financial derivatives, securities, and digital financial assets whose yields are linked to cryptocurrency prices."
Tokenization Platform BPX Exchange Lands on UK Crypto Register
The Financial Conduct Authority has accepted only 52 companies on its crypto register since 2020.
UK's FCA Seeks Views on Stablecoins, Crypto Custody to Prevent Firm Failures
The country's market regulator's proposed rules are meant to ensure stablecoins maintain their value and seek to reduce the likelihood of stablecoin and crypto custody companies failing.
Vietnamese Woman Arrested in Thailand Over Alleged $300M Crypto Scam
Ngo Thi Theu was allegedly a key figure in a network that involved 35 officials and over 1,000 employees working across 44 call centres in Vietnam.
Australian Regulator Sues Ex-Director of Crypto Exchange ACX for Mishandling Funds
Investigations have been ongoing since ACX Exchange collapsed in 2019.
Hong Kong Joins Global Race With New Stablecoin Licensing Bill
Hong Kong has been working on establishing a stablecoin regime since 2023.
Crypto.com Buys Allnew Investments to Secure MiFID License to Offer Derivatives in Europe
This move bolsters the crypto exchange's presence in the region after it secured a MiCA license in January.
