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FAMEEX Morning Crypto News Recap | February 9, 2023

2023-02-09 10:44:10

Dubai Clarifies Rules for Crypto Companies
https://www.fameex.com/en-US/news/crypto-trending-news-2023020901
The government of Dubai’s stated goal of becoming a financial technology center was boosted Wednesday when its Virtual Assets Regulatory Authority (VARA) released its 2023 rulebook for regulating cryptocurrency.

Commodity Strategist Mike McGlone Says Cryptocurrencies May Be Facing Their First Real Recession
https://www.fameex.com/en-US/news/crypto-trending-news-2023020902
Bloomberg Intelligence’s senior commodity strategist Mike McGlone has warned that “cryptos may be facing their first real recession.”

Coinbase's Armstrong says staking restrictions would be 'terrible path for the U.S.'
Armstrong said Wednesday that it was important that companies are encouraged to grow in the U.S. and not be stifled by a lack of clear rules.

New Jersey Bureau of Securities orders 3 ‘pig butcher’ frauds to cease and desist
New Jersey’s Bureau of Securities has ordered three website operators to halt the offering of fraudulent virtual currency investment opportunities to the public.

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