Daily Flash | Britain proposed that the failed stablecoin should be responsible for the bankruptcy liquidation of the issuer；Russia is open to the use of cryptocurrencies for international

Today's Topic - The UK Treasury proposes to let the central bank be responsible for the bankruptcy liquidation of stablecoin issuers

On May 31, the British government issued a consultation document outlining strategies to reduce the risk of investors holding stablecoins. The government proposes to amend the existing legislation to give the Bank of England (the Bank of England) the power to appoint managers to supervise the bankruptcy liquidation arrangements with failed stablecoin issuers. The deadline for receiving feedback on the consultation document is August 2.

The proposal was made after the crash of the algorithmic stablecoin TerraUSD (UST) earlier this month.

Today's Chart - Certik: The losses caused by hackers in the Web3 field have reached approximately $1.76 billion since the start of 2022

On June 1, the blockchain security company CertiK issued a statement saying that according to its statistics, since the beginning of 2022, the total loss of major events in the Web3 field caused by vulnerability exploitation, hacker attacks and fraud has reached approximately $1.76 billion.

Among them, in May, the loss of major security incidents was approximately $78 million.

Today's Influencer - Deputy Governor of the Russian Central Bank is open to the use of cryptocurrencies for international payments

On June 1, according to Reuters, the Deputy Governor of the Russian Central Bank, Ksenia Yudayeva, said on Tuesday that she was open to allowing the use of cryptocurrencies for international payments, indicating that her opposition to digital currencies may be relaxed. However, she reiterated that the bank, as a regulator, continued to see "relatively high risks" brought about by the wider use of cryptocurrencies in Russia.

Earlier, Ivan Chebeskov, head of the Financial Policy Department of the Russian Ministry of Finance, said, "the idea of using digital currency in international settlement transactions is being actively discussed."

Hot events yesterday - #Do Kwon plans to issue new stablecoins; #The founder of Dogecoin stated that ICO, DAO and NFT are scams

The founder of Dogecoin stated that ICO, DAO and NFT are scams

Author: Gate.io Researcher Byron B. Translator: Joy Z.
* This article represents only the views of the researcher and does not constitute any investment advice.*Gate.io reserves all rights to this article. Reposting the article will be permitted provided Gate.io is referenced. In all other cases, legal action will be taken due to copyright infringement.