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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Lagos, Nigeria (Nupo Deyon Daniel/Unsplash)
Nigeria Is Altering eNaira Model to Promote Use of the Digital Currency: Central Bank
For many citizens, the central bank digital currency isn't easy to use.
Lagos, Nigeria (Nupo Deyon Daniel/Unsplash)
Swakopmund, Namibia (Grant Durr/Unsplash)
Namibia's Crypto Assets Bill Is Now a Law
Namibia's virtual assets bill became an act and was put into law on Friday according to the Gazette of the Republic of Namibia.
Swakopmund, Namibia (Grant Durr/Unsplash)
Abu Dhabi (Kamil Rogalinski/Unsplash)
Crypto Exchange Rain Obtains License to Operate Virtual Asset Brokerage, Custody Service in UAE
Rain's Abu Dhabi-based entity can now offer institutional clients and some retail clients in the UAE the ability to buy, sell and store virtual assets.
Abu Dhabi (Kamil Rogalinski/Unsplash)
An inside view of the Orb, Worldcoin's custom hardware that makes cryptographic IDs based on iris scans. (Worldcoin)
UK Information Commission to Make Inquiries About Worldcoin
The firm has claimed it complies with "very, very local and very specific rules and regulations in each of the markets where there's an Orb."
An inside view of the Orb, Worldcoin's custom hardware that makes cryptographic IDs based on iris scans. (Worldcoin)
FCA building (FCA)
UK's FCA Is Designing Prudential Requirements for Firms Carrying Out Crypto Activities
The Financial Conduct Authority will consult on rules once the government gives it the necessary powers, the regulator said in its annual report.
FCA building (FCA)
(FCA)
UK Financial Regulator to Introduce Isolated Environment for Testing Financial Applications
During a pilot phase, the environment was used to test the eco-friendliness of decentralized ledgers.
(FCA)
Craig Wright (Eugene Gologursky/Getty Images for CoinGeek)
Proposed Legal Reforms Aid UK Crypto Dreams – but Offer Scant Hope for Bitcoin Developers Sued by Craig Wright
A new Law Commission report doesn’t address legal concerns beyond token ownership, lawyers told CoinDesk.
Craig Wright (Eugene Gologursky/Getty Images for CoinGeek)
Nikhil Rathi, CEO, UK Financial Conduct Authority
UK FCA Chief Warns Against Judging Crypto Firms by Size for Approval Decisions
The Financial Conduct Authority has turned down some of the largest crypto firms in the world in the last two years, its CEO Nikhil Rathi told lawmakers at a hearing.
Nikhil Rathi, CEO, UK Financial Conduct Authority
US presidential candidate Robert F Kennedy Jr.
RFK Jr. Vows to Back Dollar With Bitcoin, Exempt BTC From Taxes
The Democratic presidential hopeful also reiterated a May stance defending the right to self-custody bitcoin, run blockchain nodes at home and promising industry-neutral energ...
US presidential candidate Robert F Kennedy Jr.
(FCA)
Even Unpaid Social Media Crypto Promotions May Breach UK Ad Rules: Financial Regulator
The Financial Conduct Authority (FCA) gained oversight of crypto promotions with the approval of the Financial Services and Markets Act last month.
(FCA)