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May Heavyweight Preview: Stablecoin Legislation, XRP Futures, Airdrop Deadline and Other Major Events Coming Soon
Important Events in the Encryption Industry This Week
May 19
The U.S. Congress will vote on the stablecoin GENIUS Act, which aims to establish a regulatory framework for stablecoins. If passed, it will impose stricter regulations on large issuers.
A certain trading platform will be included in the S&P 500 index, becoming the first cryptocurrency company to be selected for this index.
CME Group plans to launch XRP futures contracts, including both micro and standard specifications.
The decentralized AI blockchain platform Sahara AI will launch the SIWA public testnet, marking its entry into the public testing phase.
Pyth Network will unlock approximately 2.13 billion PYTH tokens, accounting for 58.62% of the circulating supply.
May 20
The Texas legislature will re-examine the "Strategic Bitcoin Reserve" bill. If passed, Texas will become the third state in the United States to establish a Bitcoin reserve.
A certain gaming platform will migrate to an exclusive EVM-compatible chain, and users need to handle off-chain assets in a timely manner.
New York City will host the first encryption summit, and the mayor stated that he aims to make New York the "global cryptocurrency capital."
Story will jointly hold an online Buildathon with Encode Club, focusing on IP, AI, and RWA innovation.
May 21
The Hong Kong Legislative Council will resume the second reading debate on the Stablecoin Bill to establish a regulatory framework for the issuance of stablecoins.
May 22
The deadline for the U.S. Commodity Futures Trading Commission to solicit public comments on 24/7 trading and perpetual contracts in the derivatives market has passed.
Trump plans to attend the TRUMP dinner and will announce the next phase plan for the related tokens.
A proposal for a cryptocurrency mining company in Tennessee will be subject to review.
A certain cross-chain protocol will stop token claims.
A certain decentralized cloud computing protocol will launch a node NFT repurchase plan.
The application deadline for a certain incubator's 10-week global offline incubation program has ended.
May 23
THORChain plans to upgrade to version v3.6.0, mainly involving contract verification and updates.
May 24
The airdrop token collection for a certain L1 network will end on the same day.