Web3 Industry Navigates Regulatory Shift & Market Trends in June

The Web3 industry is undergoing a pivotal shift this June, as regulations evolve and market dynamics change. The U.S. Securities and Exchange Commission (SEC) continues to scrutinize Grayscale’s spot Ethereum ETF application, with the decision on staking features still pending. Simultaneously, the U.S. House of Representatives has scheduled hearings focused on stablecoins and DeFi, demonstrating continued regulatory focus within the United States. Furthermore, macroeconomic indicators like non-farm payrolls, CPI (Consumer Price Index), and FOMC interest rate decisions are likely to shape market sentiment in June.