Overview of Major Overnight Developments on September 20
21:00 (UTC+8) - 7:00 Keywords: Grayscale, FTX, Federal Reserve 1. Grayscale submits revised Dogecoin ETF application. 2. BitGo officially submits S-1 filing to the US SEC, initiating IPO process; 3. FTX to launch third round of creditor repayments, totaling $1.6 billions; 4. White House confidant Bannon suggests Bessent simultaneously head the Treasury Department and the Federal Reserve; 5. Federal Reserve's Daly: Labor market slowdown is partly related to the US economic outlook; 6. US Senate Democrats block Republican temporary funding bill, increasing risk of government shutdown; 7. New Federal Reserve Governor Milan clarifies communication with Trump, emphasizing that the rate cut stance is made independently.
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