FAMEEX Morning Crypto News Recap | February 24, 2023

Germany’s Second Largest Bank to Offer Crypto Custody Services to Institutionals
https://www.fameex.com/en-AU/news/crypto-trending-news-2023022401
Traditional banks are rapidly expanding into the crypto space.

Bitcoin Correlation With The SP 500 Falls To FTX Collapse Levels, But Why?
https://www.fameex.com/en-AU/news/crypto-trending-news-2023022402
Bitcoin over the years has shown an increasingly strong positive correlation with the S&P 500 and other major US stock market indexes.

US regulators warn banks of heightened liquidity risks in crypto-related deposits
Banks called on to apply risk-management practices when dealing with crypto

US Federal Reserve denies Custodia Bank's request for Fed supervision
The Federal Reserve Board has denied the request from crypto-focused Custodia Bank to reconsider its membership to the Federal Reserve System.

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