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Golden Morning News| Overview of important developments overnight on May 29

21:00-7:00 Keywords: Vance, Conduit, 401(k), GENIUS Act 1. Federal Reserve Meeting Minutes: Inflation may last longer than expected; 2. US Vice President Vance: I still hold a considerable amount of Bitcoin; 3. Conduit completed US$36 million in Series A financing, led by Dragonfly Capital; 4. US Vice President Vance: The implementation of the GENIUS Act is expected to boost the popularity of stablecoin payments; 5. The U.S. Department of Labor withdraws its 2022 cryptocurrency guidance for the 401(k) plan; 6. Federal Reserve Meeting Minutes: Uncertainty about the economic outlook has increased and prudent monetary policy is appropriate; 7. U.S. Vice President Vance: Cryptocurrency is a hedging device, with approximately 50 million Americans holding Bitcoin; 8. U.S. Vice President Vance: Bitcoin is strategic, and its community needs more political participation to avoid missing out on the decision-making window.

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