The Most Important Crypto News This Week (June 15-22)

Crypto Investments Hit $1 Billion in May With Ethereum Dominating. According to a report published by KuCoin Research, the crypto industry saw a public disclosure of around 156 investments in the month of May. The total amount of these investments summed up to around $1.02.

Nigeria Drops Tax Evasion Charges Against Binance Executives. While the executives remain defendants in a money laundering case brought by the country’s EFCC, the authorities dropped the tax evasion charges against them. This was made clear in a report from the Nigerian journalist Alexander Onukwue.