List of important developments on the evening of June 5th

1. Xu Zhengyu: The Hong Kong Monetary Authority is formulating a regulatory framework for “stable currencies”;

2. Liang Fengyi: The Hong Kong Securities Regulatory Commission is open to fund tokenization;

3. VanEck predicts that Ethereum will grow to $11,800 by 2030;

4. Atomic Wallet users lost at least $35 million due to hacker attack

5. British lawmakers call for the early introduction of encryption regulations to oversee encryption supervision;

6. Founder of 0xScope: Some of Multichain’s cross-chain bridges are suspected to be back in operation;

7. The Montenegrin court re-accepted Do Kwon’s request to pay a bail of 400,000 euros and be released on bail;

8. CoinShares: Digital asset investment products saw a net outflow of US$61.5 million last week, marking the seventh consecutive week of capital outflows;

9. Richard Teng: The new role is not even a promotion, it just expands the responsibility of helping CZ review certain things;