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Post original content on Gate Square related to WXTM or its
This Week's Major Events in the Encryption Circle: New Regulations in Singapore, ETH Futures, Aptos Migration
Crypto Assets industry important events preview this week
June 30
Policy Regulation
Singapore requires unlicensed crypto businesses to cease offshore services.
The Monetary Authority of Singapore has required local cryptocurrency companies with a physical presence but without a license to cease offering offshore services by June 30. This move could affect hundreds of jobs, and some exchanges are considering relocating employees to other regions. The new regulations involve only a small number of companies and are a continuation of relevant laws from 2022.
The Monetary Authority of Singapore clarifies the scope of the digital token service provider regime.
Starting from June 30, 2025, providers offering services related to digital payment tokens and capital market product tokens exclusively for overseas clients must obtain a license. Those without a license will cease regulated activities. Providers serving local clients are already under existing regulation, and their scope of business remains unchanged.
exchange
The Chicago Mercantile Exchange has launched spot quote futures contracts.
The Chicago Mercantile Exchange Group plans to launch futures contracts priced according to spot quotes on June 30, covering Bitcoin, Ethereum, and the four major U.S. stock indices. Investors can hold the contracts for up to five years without the need for rollover.
A certain exchange wallet exclusively issues NodeOps tokens.
The 27th exclusive issue will be conducted through a certain DEX on June 30th, and users need to use points to participate in the subscription.
Nobitex announces the service recovery roadmap
The Iranian exchange will gradually open withdrawal, trading, and deposit functions on June 30.
Project Updates
The DEX project Byreal incubated by a certain exchange has launched on the testnet.
Byreal adopts RFQ + CLMM routing design, providing low slippage and MEV protection for Swap exchange transactions. The testnet will launch on June 30.
Aptos migration to FA standard
The Aptos ecosystem will fully transition to the Fungible Asset standard starting June 30, replacing the old Coin framework. The APT token balance will be automatically migrated first, followed by other tokens.
The Ethereum Foundation has launched the Devconnect ARG Scholar Program.
The program will select 100 leaders to expand the influence of Ethereum. The application deadline is June 30.
community activities
The Ethereum conference in Europe was held in Cannes.
The event held from June 30 to July 3 will implement film festival level security measures to address the recent surge in kidnapping cases in the encryption field.
token unlock
Optimism, Kamino, and Across Protocol will respectively unlock approximately 31.34 million, 229 million, and 100 million coins.
July 1st
policy regulation
Argentina finalizes rules for virtual asset service providers
The new regulations require VASPs to ensure the separation of company and customer funds, conduct regular audits, and submit reports monthly. Starting from July 1, individuals must comply with the new regulations.
Project Updates
A security company has launched a phishing simulation platform.
The platform aims to enhance users' ability to identify common network attacks and will initially be limited to certain wallet testnets.
A certain DEX delisted ZKsync Era
Starting from July 1st, this DEX aggregator will take ZKsync Era offline, but cross-chain functionality will still support that chain.
Ledn shifts to a Bitcoin collateral loan model
Starting from July 1, Ledn will only provide "custodial Bitcoin loan" services, terminating support for Ethereum and interest-bearing services.
Zama launches testnet
The confidential blockchain protocol will launch its testnet on July 1st, supporting the deployment of "confidential smart contracts" on the existing blockchain.
StarkWare launches token delegation program
The program aims to support the decentralization process of Starknet, with the initial registration period open until July 1.
Token Unlock
Sui will unlock approximately 44 million coins, worth about $122.8 million.
July 2
exchange
Korea's major exchanges have delisted the Wemix coin.
Five South Korean exchanges, including Upbit, announced plans to suspend Wemix token withdrawals on July 2.
Token Unlock
Ethena will unlock approximately 40.6 million coins, worth about 10.7 million USD.
July 3rd
Macroeconomics
The United States will release the non-farm payroll report for June, expecting the unemployment rate to remain at 4.2% and the number of jobs to increase by 129,000.
Project Updates
A certain wallet launches the second season points activity.
The event will start on July 3rd, and user points will be distributed based on weekly trading and activity.
July 4
exchange
A certain exchange delisted 5 types of coins.
The exchange will stop all spot trading pairs for 5 tokens including ALPHA and BSW on July 4.
Project Updates
Musk announces that Grok 4 is about to be released.
Grok 4 is expected to be released after July 4th and plans to conduct large-scale training of dedicated programming models.
OGN DAO initiates token buyback
OGN DAO will buy back over 3 million dollars worth of OGN coins, with the first batch of operations set to start before July 4.
Policy Regulation
The U.S. Senate votes on the tax bill.
The Senate will hold a crucial vote on the Trump administration's "Big Beautiful" tax and spending bill, aiming to pass it before July 4.