FameEX Afternoon Crypto News Recap | April 14, 2023

Tron's Justin Sun Receives Court Summons with Default Judgment Threat for Failing to Respond
https://www.fameex.com/en-US/news/crypto-trending-news-2023041403
The US District Court for the Southern District of New York has issued a summons to Tron founder Justin Sun's Singapore address in relation to a Securities and Exchange Commission (SEC) civil case. The summons is connected to a lawsuit filed by the SEC against Sun and others for allegedly offering and selling TRX tokens as unregistered crypto asset securities.

Significance of Asia's Gaming Dominance for Web3 Games
A recent report from DappRadar highlights the significance of the Asian market for the Web3 gaming industry, as it currently has over 1.7 billion video game players and accounts for 55% of the world's gamers. The report emphasizes that Asia's dominance in the gaming industry and high interest in blockchain technology make it a crucial region for the growth of Web3 games.

IMF Responds to Growing Demand for CBDC Guidance with Handbook Publication
The International Monetary Fund (IMF) plans to release a CBDC handbook to meet the growing demand for guidance on central bank digital currencies. According to IMF deputy managing director Bo Li, interest in CBDCs has reached an "unprecedented" level, and the organization has engaged with almost 30 countries that have requested assistance in the past two years. Li emphasized the urgency in meeting the needs of central banks planning CBDCs, as they are expected to impact monetary and financial stability.

London Stock Exchange's LCH SA Introduces New Service to Clear Bitcoin Futures and Options on GFO-X
The London Stock Exchange’s LCH division announced on April 13, 2023, that it will offer clearing of bitcoin index futures and options contracts traded on GFO-X. LCH Digital Asset Clear business lead, Frank Soussan, stated that "bitcoin index futures and options are a rapidly growing asset class."

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