$BTC $ETH $XRP EVENTS ON 21/5 AFFECTING CRYPTOCURRENCY

1. SEC indicts Unicoin and its leadership for fraud

On May 21, the U.S. Securities and Exchange Commission (SEC) indicted the cryptocurrency company Unicoin and three senior executives, including CEO and Chairman Alex Konanykhin, on charges of providing misleading information to investors, raising over 100 million USD in the process.

This is the latest move in the SEC's efforts to tighten regulation of the cryptocurrency industry, which could put pressure on investor sentiment and affect the value of digital assets.

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2. Opening of Crypto Expo Dubai 2025

The Crypto Expo Dubai 2025 will take place from May 21-22 in Dubai, gathering many blockchain projects, exchanges, and global investors.

This event is expected to create new trends and promote collaboration in the industry, especially in the Middle East market – which is emerging as a new cryptocurrency hub.

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3. SVM Summit 2025 – Conference on blockchain infrastructure

Also on May 21, the SVM Summit 2025 will take place, gathering leading financial institutions, investors, and blockchain developers to discuss the future of Web3 infrastructure and network scalability solutions.

Updates from this conference could impact Layer 1 and Layer 2 projects, as well as related tokens.

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4. USD exchange rate slightly decreases – Impact on the cryptocurrency market

On May 21, the State Bank of Vietnam announced a decrease of 2 VND in the central exchange rate, bringing it to 24,968 VND/USD.

The weakening of the USD could boost demand for riskier assets like cryptocurrencies, especially in emerging markets.