Overview of Important Developments on May 21st at Noon

7:00-12:00 Keywords: Unicoin, GENIUS Act, Eric Adams 

1. Fed's Daly: The Federal Reserve's policy is in a good state; 

2. Bitwise: The impact of the GENIUS Act is comparable to a BTC spot ETF; 

3. USDC Treasury destroyed 60 million USDC on the Ethereum chain; 

4. New York City Mayor Eric Adams established a cryptocurrency advisory board; 

5. Bitcoin mining company Cipher Mining plans to issue convertible senior notes to raise $150 million; 

6. The US SEC filed a lawsuit against Unicoin and its three executives, alleging false and misleading statements during fundraising.