FAMEEX Afternoon Crypto News Recap | February 13, 2023

US Crypto Lawsuits Reach All-Time High With 42% Increase in 2022; SEC Cases Dominate Legal Battles
https://www.fameex.com/en-US/news/crypto-trending-news-2023021303
A new study on digital currency-related lawsuits since 2018 shows a 42% increase in crypto lawsuits in 2022.

SEC's crypto staking crackdown has uncertain consequences for DeFi: Lido Finance
A Lido DAO member raised concerns over what impact the SEC’s crackdowns on staking could mean for the future of DeFi in the U.S.

Indonesia’s central bank unveils wholesale CBDC consultation process
Indonesia’s central banking regulator Bank Indonesia has announced the start of a consultation process for its central bank digital currency (CBDC) initiative known as Project Garuda.

Circle’s USDC Stablecoin Takes a $1 Billion Hit in Just Seven Days
USDC's circulating supply decreased by $1 billion in the last seven days.

Disclaimer: The information provided in this section is for informational purposes only, doesn't represent any investment advice or FAMEEX's official view.