FameEX Afternoon Crypto News Recap | March 7, 2023

Australian Banks CBDC Pilot Gains Significant Pace
https://www.fameex.com/en-US/news/crypto-trending-news-2023030703
Of the many different projects and initiatives to bring a central bank digital currency (CBDC) into the mainstream, Australia’s pursuit of the digital tender is now more in the spotlight than ever before.

South Dakota amendment proposal prohibits use of digital currency as money
A bill seeking to prevent the use of digital currencies to pay for goods and services has been presented before South Dakota’s House of Representatives.

Spain a Hotbed for Cryptocurrency Real Estate Deals, According to Study
A recent study indicates that Spain is one of the hottest countries regarding real estate offerings that can be paid with cryptocurrency. The report, prepared by Forex Suggest, found that Spain is the country with the most properties available for crypto, followed by Thailand, Portugal, and the UAE.

Losses from cryptocurrency scams double to HK$1.7 billion in Hong Kong last year, with 67 per cent spike in cases
According to police, 2,336 cryptocurrency-related scams reported in Hong Kong last year.

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