Golden Morning News | Overview of important overnight developments on May 31
21:00-7:00 Keywords: Trump, Do Kwon, a16z, Grayscale
1. Musk: Never discussed cryptocurrency with Trump;
2. Montenegrin court will make another decision on Do Kwon's extradition;
3. a16z donated $25 million to crypto lobbying group Fairshake;
4. US lawmakers urged Biden not to veto the bill to repeal SAB 121;
5. Grayscale submitted a revised S-3 registration statement for the spot Ethereum ETF;
6. Terraform Labs and Do Kwon preliminarily agreed to a settlement in a securities fraud case;
7. US presidential candidate Kennedy supports cryptocurrency and purchased 21 bitcoins;
8. New York financial regulator: Virtual currency companies must comply with new customer service obligations;
9. The US SEC requires spot Ethereum ETF issuers to submit the first round of draft S-1 forms by Friday;
10. Chairman of the U.S. Financial Services Committee: A legislative tool is needed to promote a bill on stablecoin regulation.