[Golden Noon Report | Overview of important developments at noon on May 18] 7:00-12:00 Keywords: Genesis, Hua Xia, HKMA, Coinbase 1. Genesis was allowed to repay creditors billions of dollars; 2. Biden may reconsider exercising his veto over the relevant resolution of overturning SEC SAB 121; 3. Founder of Skybridge Capital: Institutions will accelerate the adoption of Bitcoin in the coming quarters; 4. The total asset management scale of Hua Xia’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 the Ethereum spot ETF next week; 7. Coinbase: This week’s platform outage was caused by an error related to the Coinbase Card rewards service; 8. Former Gala CEO Jason Brink will become a consultant and set up an external organization LFG to help Gala Chain develop.