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🔷 US and UK central bankers clash over future role of stablecoins Senior policymakers from the US Federal Reserve and the Bank of England offered sharply different views on the future of stablecoins during a discussion on digital payments and monetary policy. 🔷 Crypto platform losses plunge in May as exploit activity eases Losses linked to exploits of cryptocurrency platforms dropped sharply in May, falling to $68.3 million from $650 million in April. 🔷 Japan’s ruling party backs crypto ETFs and yen stablecoin growth Lawmakers from Japan’s ruling Liberal Democratic Party have proposed a series of cryptocurrency reforms, including support for crypto exchange-traded funds and the development of yen-denominated stablecoins. 🔷 US sanctions Iranian crypto exchanges in latest measures The US Treasury has imposed a new round of Iran-related sanctions, targeting four Iranian nationals and four cryptocurrency exchanges as part of its latest enforcement action. Click here to read more. 📈 Market Cap at 06.10 am (UTC) - $2.15 trillion Price change over the past 7 days BTC $62,393 (-15.17%) ETH $1,677 (-16.57%) USDT $0.998 (+0.05%) BNB $583.46 (-8.44%) USDC $0.999 (+0.03%) 💰Mining Profitability BTC $0.03 for 1 TH/s ⏸ ETC $0.507 for 1 GH/s ⬇ BCH $0.02 for 1 TH/s ⬇