Important developments at noon

1. Genesis is allowed to repay billions of dollars to creditors;

2. Biden may reconsider exercising his veto power to overturn the relevant resolution of SEC SAB 121

3. Founder of Skybridge Capital: Institutions will accelerate Bitcoin adoption in the next few quarters

4. The total asset management scale of Huaxia's two virtual asset ETFs fell below the HK$1 billion mark

5. The Hong Kong Monetary Authority is working with the mainland to study the technical arrangements for P2P transfers of digital RMB

6. People familiar with the matter: Several fund companies expect that the SEC will not approve Ethereum spot ETFs next week

7. Coinbase: This week's platform outage was caused by errors related to the Coinbase Card reward service

8. Former Gala CEO Jason Brink will become a consultant and set up an external organization LFG to help Gala Chain develop.