FAMEEX Afternoon Crypto News Recap | February 21, 2023

Hong Kong’s Crypto Hub Ambitions Win Quiet Backing From Beijing
https://www.fameex.com/en-AU/news/crypto-trending-news-2023022103
Signs are now emerging the push has under-the-radar backing from Beijing, providing impetus for mainland Chinese firms to return.

Hong Kong proposes crypto rules to protect investors post FTX
The rules are a key step in Hong Kong’s effort to establish itself as a digital assets hub, part of a wider push to attract global companies and talent

Institutional investors get jitters on Crypto amidst US regulatory crackdown
Crypto investment products have experienced the largest weekly outflow of 2023 as institutional investors fear the increasing regulatory crackdown in the United States.

California financial regulator sets up real-time digital currency scam tracker
After being hit by a barrage of reports from victims of digital asset fraud, California’s Department of Financial Protection and Innovation (DFPI) moves to set up a scam tracker to stifle the antics of fraudsters.

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