Web3 Industry Faces Regulatory and Market Developments in June

According to PANews, the Web3 industry is experiencing a significant period of regulatory, market, and technological developments in June. The U.S. Securities and Exchange Commission (SEC) is reviewing the staking feature of Grayscale's spot Ethereum ETF, while the U.S. House of Representatives is conducting a stablecoin hearing and a DeFi roundtable, indicating ongoing regulatory actions in the United States. Additionally, macroeconomic data such as non-farm payrolls, the Consumer Price Index (CPI), and the Federal Open Market Committee (FOMC) interest rate decisions are expected to influence market sentiment. On the project front, major projects like ZKsync, Sui, Aptos, and Starknet are set for large-scale token unlocks, which are noteworthy events for stakeholders to monitor closely.