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FAMEEX Afternoon Crypto News Recap | February 24, 2023

2023-02-24 17:33:40

New UKJT legal statement on digital securities under English law
Digital bonds, including those issued on a public blockchain, can be accommodated by English law, according to the UK Jurisdictional Taskforce in its brand-new legal statement.

FM holds bilateral meetings with G20 ministers; pitches for global framework to regulate cryptocurrencies
Bengaluru, Feb 23 (PTI) Finance minister Nirmala Sitharaman on Thursday underlined the need for a global framework to regulate cryptocurrencies besides firming up ways to tackle global debt vulnerabilities and strengthening multilateral development banks.

US Bank Regulators Step Up Warnings on Crypto Market Risks
The top US banking regulators stepped up their warnings to banks on the liquidity risks tied to stablecoin-related reserves and other funding sources from crypto firms.

Banks Are Still Allowed to Service the Crypto Industry, Clarifies Federal Reserve
America’s 3 federal bank regulators had a clarifying message for banking organizations on Thursday: servicing the crypto industry is neither illegal nor discouraged.

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