Camomile Shumba

Camomile Shumba

Camomile Shumba is a CoinDesk regulatory reporter based in the UK. Previously, Shumba interned at Business Insider and Bloomberg. Camomile has featured in Harpers Bazaar, Red, the BBC, Black Ballad, Journalism.co.uk, Cryptopolitan.com and South West Londoner. Shumba studied politics, philosophy and economics as a combined degree at the University of East Anglia before doing a postgraduate degree in multimedia journalism. While she did her undergraduate degree she had an award-winning radio show on making a difference. She does not currently hold value in any digital currencies or projects.

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CDCROP: Nairobi, Kenya, Africa (Amani Nation/Unsplash)
Kenya Central Bank Takes Ambivalent Stance on Digital Currency
The allure of a CBDC is fading and issuing one "may not be a compelling priority," the bank said.
CDCROP: Nairobi, Kenya, Africa (Amani Nation/Unsplash)
china police
Team Behind Offshore Yuan, Hong Kong Dollar Stablecoins Detained by Chinese Police: Report
Earlier this year KuCoin closed a $10 million funding round into CNHC.
china police
Norway (Michael Fousert/Unsplash)
Norway Should Consider a National Strategy for Crypto Regulation: Norges Bank Report
The bank says lawmakers should take advantage of existing regulations that cater to systemic risk and enforcement action for example, as well as stresses the need for crypto specific ones.
Norway (Michael Fousert/Unsplash)
South Africa Flag (Den Harrson/Unsplash)
South Africa’s Crypto Firms Will Soon Need to Apply for Registration or Face a Heavy Fine
Continuing operations without applying for registration in the designated time period could lead to a $510,000 fine or imprisonment, the government has said.
South Africa Flag (Den Harrson/Unsplash)
South Korea flag (Daniel Bernard/ Unsplash)
South Korea Lawmakers Pass Law Requiring Officials to Disclose Crypto Holdings: Report
The new rule was fueled by conflict of interest worries.
South Korea flag (Daniel Bernard/ Unsplash)
CDCROP: Jean-Paul Servais Chair of IOSCO (International Standards of Accounting and Reporting)
International Securities Regulator IOSCO Proposes Policy Recommendations for Crypto
The consultation period for the global standard-setter's first set of detailed recommendations for regulating crypto will close on July 31.
CDCROP: Jean-Paul Servais Chair of IOSCO (International Standards of Accounting and Reporting)
Union Jack Flag With Gavel (Peter Dazeley/Getty Images)
UK Will Need New Laws to Accommodate Future Digital Pound, Lawyers Say
Should the country decide to issue a CBDC, existing data protection, security and anti-money laundering rules would need amending, said Louise Abbott, partner at Keystone Law.
Union Jack Flag With Gavel (Peter Dazeley/Getty Images)
CDCROP: Chainlink Labs team at SmartCon (Chainlink)
Coinbase Cloud Joins Chainlink as Node Operator to Bolster Security
Telecoms giants Swisscom, Deutsche Telekom and news provider Associated Press are also Chainlink node operators.
CDCROP: Chainlink Labs team at SmartCon (Chainlink)
CDCROP: UK Parliament River Thames London, England (Unsplash)
UK Lawmakers' Bid to Regulate Crypto as Gambling Could Be a Political Problem, Invites Industry Wrath
The Treasury is still adamant it will regulate digital assets like financial services but its plans will rely on parliamentary support.
CDCROP: UK Parliament River Thames London, England (Unsplash)
UK Parliament Building and Big Ben, London, England (Ugur Akdemir/Unsplash)
UK Lawmaker Group Clashes With Treasury Over Treating Unbacked Crypto as Gambling
The U.K. Treasury Committee seemingly opposed the government’s proposal to treat crypto as regulated financial activities in a Wednesday report.
UK Parliament Building and Big Ben, London, England (Ugur Akdemir/Unsplash)