Upcoming Important Events in the Blockchain Industry for the Next Week

June 30

Singapore will implement new regulations for cryptocurrency companies that establish a physical presence locally but provide offshore services. Affected companies must cease related operations by June 30. It is reported that some well-known trading platforms are considering relocating their staff to other regions. The Monetary Authority of Singapore stated that this move is a continuation of the 2022 regulations and only affects a very small number of companies.

A large exchange plans to launch futures contracts based on spot quotes on that day, covering Bitcoin, Ethereum, and the four major US stock indices. Investors can hold these contracts for up to five years without needing to roll them over.

The European Ethereum Conference will be held in Cannes from June 30 to July 3. The organizers stated that strict security measures will be implemented in response to the recent frequent kidnappings in the crypto space.

The Ethereum Foundation launched the Devconnect ARG Scholar Program, with the application deadline set for June 30. The program aims to select 100 leaders to expand the influence of Ethereum.

July 1

Argentina has finalized new regulations for virtual asset service provider (VASP), requiring relevant businesses to comply with the new rules by July 1. The new regulations cover multiple aspects including registration, cybersecurity, and asset custody, aiming to enhance the transparency and stability of the cryptocurrency ecosystem.

A privacy protocol will launch its testnet on July 1. The protocol provides developers with cross-chain privacy solutions through fully homomorphic encryption technology, supporting the deployment of "confidential smart contracts" on existing Blockchains.

A certain blockchain project announced the launch of a token delegation program, with the initial registration period open until July 1. The program aims to support the network's decentralization process by empowering validators.

July 2 - July 4

A certain wallet service provider plans to launch the second season of its points activity on July 3.

A large trading platform plans to delist multiple token trading pairs on July 4.

The U.S. Senate will vote on an important tax and spending bill, aiming to pass it before July 4. The bill proposes a 100% tax exemption for manufacturing and R&D centers.

July 5 - July 6

No major events scheduled.