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From Paradise to "Restricted Area": 5 Web3 Practitioners' Experiences During the Singapore Regulatory Storm
Interview, organized by: Louis, ChainCatcher
Original Title: From the Republic of Ideal to "Expulsion Land": The Changing Landscape of Singapore as Seen by 5 Web3 Practitioners
June 30, 2025, is a red line marked on the calendar of every practitioner in the Web3 circle of Po County.
From this day on, according to Article 137 of the Singapore Financial Services and Markets Act (FSMA): all individuals or companies providing services related to digital tokens must obtain a Digital Token Service Provider (DTSP) license, as long as they have a place of business in Singapore, regardless of whether their clients are located in Singapore, or they will face criminal liability.
The Monetary Authority of Singapore (MAS) clearly stated in the regulatory response document released on May 30 that unlicensed entities must immediately cease overseas operations; the status of "application in process" will not be accepted as a basis for legal existence. This wording has been interpreted by many as "the most significant in history.
Original Title: From the Republic of Ideal to "Expulsion Land": The Changing Landscape of Singapore as Seen by 5 Web3 Practitioners
June 30, 2025, is a red line marked on the calendar of every practitioner in the Web3 circle of Po County.
From this day on, according to Article 137 of the Singapore Financial Services and Markets Act (FSMA): all individuals or companies providing services related to digital tokens must obtain a Digital Token Service Provider (DTSP) license, as long as they have a place of business in Singapore, regardless of whether their clients are located in Singapore, or they will face criminal liability.
The Monetary Authority of Singapore (MAS) clearly stated in the regulatory response document released on May 30 that unlicensed entities must immediately cease overseas operations; the status of "application in process" will not be accepted as a basis for legal existence. This wording has been interpreted by many as "the most significant in history.
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Trump's encryption script surfaces: dual tracks of policy and wealth progress.
Trump's encryption strategy is becoming increasingly clear. Combining personal business interests with his policy agenda, he is actively promoting "pro-encryption" policies, relaxing regulations, and even launching multiple crypto asset products. The crypto assets are closely linked to his wealth and political stance, forming a satire of the concept of "Decentralization".
The abstract is generated by AITRUMP-0.2%
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From May 3 to June 10, 2025, Game Station will buy 4,710 BTC with cash; The SEC requires Solana ETF issuers to amend their Form S-1, which may be approved within 3-5 weeks; US White House: Reports that US Treasury Secretary Bessant is considered a candidate for the next Fed chair are not true; SEC Initiates Review of Bitwise Bitcoin-Ethereum Hybrid ETF Listing Application
Daily selected Web3 news by the BitPush editor:
[GameStop: Buy 4,710 Bitcoins with cash from May 3 to June 10, 2025]
According to BitPush news, the US-listed company GameStop, GME.N, announced that between May 3 and June 10, 2025, it purchased 4,710 Bitcoins in cash.
[SEC requires Solana ETF issuers to amend S-1 form, approval may be obtained within 3-5 weeks]
According to a report by Bitpush, citing sources familiar with the matter, the SEC has requested Solana ETF issuers to amend the S-1 form, which may receive approval within 3-5 weeks.
[White House: Reports that U.S. Treasury Secretary Bessant is considered a candidate for the next Fed chair are not true]
According to BitPush news, the White House stated that regarding the United States
[GameStop: Buy 4,710 Bitcoins with cash from May 3 to June 10, 2025]
According to BitPush news, the US-listed company GameStop, GME.N, announced that between May 3 and June 10, 2025, it purchased 4,710 Bitcoins in cash.
[SEC requires Solana ETF issuers to amend S-1 form, approval may be obtained within 3-5 weeks]
According to a report by Bitpush, citing sources familiar with the matter, the SEC has requested Solana ETF issuers to amend the S-1 form, which may receive approval within 3-5 weeks.
[White House: Reports that U.S. Treasury Secretary Bessant is considered a candidate for the next Fed chair are not true]
According to BitPush news, the White House stated that regarding the United States
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Modular + PETs: Ethereum's GDPR Breakthrough Formula
Original Title: "Ethereum New Proposal: Modular Architecture + Privacy Enhancement to Comply with EU GDPR Data Regulations, What Are Its Features?"
Original author: Editor Jr., BlockTempo
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Ethereum community member Eugenio Reggianini published a new proposal on EthResear.ch on June 9, in which Eugenio Reggianini suggested that through modular architecture and Privacy Enhancing Technologies (PETs), it is possible to meet the data protection requirements of the EU's General Data Protection Regulation (GDPR) while maintaining the decentralized characteristics of Ethereum.
Its ultimate goal is to centralize the responsibility of managing personal data at the application layer, ensuring that the underlying infrastructure only processes anonymous or pseudonymized data, thus protecting user privacy while maintaining Ether.
Original author: Editor Jr., BlockTempo
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Ethereum community member Eugenio Reggianini published a new proposal on EthResear.ch on June 9, in which Eugenio Reggianini suggested that through modular architecture and Privacy Enhancing Technologies (PETs), it is possible to meet the data protection requirements of the EU's General Data Protection Regulation (GDPR) while maintaining the decentralized characteristics of Ethereum.
Its ultimate goal is to centralize the responsibility of managing personal data at the application layer, ensuring that the underlying infrastructure only processes anonymous or pseudonymized data, thus protecting user privacy while maintaining Ether.
ETH2.24%
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Is Ethereum still worth watching: A comprehensive analysis of the logic
Original Title: "EP31: Re-examining Ethereum: What are the bullish reasons for ETH now?"
Source: Mint Ventures
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· Host: Alex, Research Partner at Mint Ventures
· Guests: Zhou Qi, Founder of EthStorage; Lawrence, Researcher at Mint Ventures
· Recording time: 2025.6.5
· Disclaimer: The content discussed in this podcast does not represent the views of the institutions to which the guests belong, and the projects mentioned do not constitute any investment advice.
Hello everyone, welcome to the event initiated by Mint Ventures.
Source: Mint Ventures
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· Host: Alex, Research Partner at Mint Ventures
· Guests: Zhou Qi, Founder of EthStorage; Lawrence, Researcher at Mint Ventures
· Recording time: 2025.6.5
· Disclaimer: The content discussed in this podcast does not represent the views of the institutions to which the guests belong, and the projects mentioned do not constitute any investment advice.
Hello everyone, welcome to the event initiated by Mint Ventures.
ETH2.24%
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[Daily News Selection by Bit推] Bitcoin has returned above the $110,000 mark; BlackRock's Spot Bitcoin ETF assets have exceeded $70 billion, setting a record for the fastest rise; the SEC Chairman hinted at a more open attitude towards crypto self-custody.
The Bit推 Daily Report states that Bitcoin has returned to $110,000, BlackRock's Bitcoin ETF assets have surpassed $70 billion, the SEC chairman supports self-custody, KULR plans to raise $300 million to increase its Bitcoin holdings, Telegram's TON has become the blockchain with the highest NFT trading volume, and Ethereum attracts investors' attention for its decentralized computing characteristics.
The abstract is generated by AIBTC-0.75%
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BIS Report: The Impact of Stablecoins on Traditional Safe Asset Markets
Author: Rashad Ahmed and Iñaki Aldasoro
Compiled by: Research Institute of Financial Technology, Renmin University of China
Original title: BIS: Stablecoin and Safe Asset Prices
Introduction
Compiled by: Research Institute of Financial Technology, Renmin University of China
Original title: BIS: Stablecoin and Safe Asset Prices
Introduction
AKI-5.1%
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Not just BTC! The battle for encryption treasure troves has begun, with 28 listed companies already getting on board.
Source: Galaxy Research
Compiled and organized by: BitpushNews
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Crypto Vault Trends
The trend of publicly listed companies establishing cryptocurrency treasuries is expanding from Bitcoin to other crypto tokens, and the scale of allocation is also continuously increasing.
In just the past week, two listed companies announced that they would purchase XRP to hold in their treasury, and another company stated that it is acquiring ETH as reserves.
The Bitcoin treasury company has been making headlines for most of this year, with Strategy (formerly Microstrategy) taking the lead. VivoPower and Nasdaq-listed Webus have announced their intentions to launch $100 million and $300 million XRP treasuries, respectively.
Compiled and organized by: BitpushNews
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Crypto Vault Trends
The trend of publicly listed companies establishing cryptocurrency treasuries is expanding from Bitcoin to other crypto tokens, and the scale of allocation is also continuously increasing.
In just the past week, two listed companies announced that they would purchase XRP to hold in their treasury, and another company stated that it is acquiring ETH as reserves.
The Bitcoin treasury company has been making headlines for most of this year, with Strategy (formerly Microstrategy) taking the lead. VivoPower and Nasdaq-listed Webus have announced their intentions to launch $100 million and $300 million XRP treasuries, respectively.
BTC-0.75%
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