Big news in the world of cryptocurrency! There's been a lot happening recently, from lawsuits to new approvals. It's a bit confusing, but we'll break it down.
- Nigeria is suing Binance, a big cryptocurrency company, for a lot of money in unpaid taxes.
- Coinbase, another big crypto company, is facing a lawsuit from investors worried about its finances.
- The US government approved a new type of cryptocurrency that pays interest, like a savings account.
- Brazil is letting people invest in XRP, a type of cryptocurrency, through a special fund.
- Coinbase wants the government to change who regulates cryptocurrencies.
| Event | Amount/Details |
|---|---|
| Nigeria's lawsuit against Binance | $81.5 billion |
| Interest on Nigerian back taxes | 26.75% |
| Yield on new US stablecoin | 3.85% |
