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Sunday, May 28 - Top Crypto News

Sunday, May 28 - Top Crypto News
May 28, 2023 · 4m 14s

In today's digest, we will traverse a number of pressing matters from across the globe. Gemini is legally contesting the SEC over their Earn product, while Binance is removing popular...

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In today's digest, we will traverse a number of pressing matters from across the globe. Gemini is legally contesting the SEC over their Earn product, while Binance is removing popular pairs with the Australian dollar due to regulatory issues. Meanwhile, a Nigerian crypto firm is halting withdrawals due to a compromise of Bitcoin and the local naira currency. Shifting gears, we note that the balance of Ethereum on exchanges is dwindling as staked ETH reaches an unprecedented peak. Lastly, Argentina is seeking to augment de-dollarization efforts via an extended yuan-based swap line with China and BRICS nations taking concerted action, as revealed by Russia’s top diplomat, implying the beginning of a US dollar offload.
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Author Giacomo Arcaro
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