Regulations
Japan's Embrace of Web3 Uncertain as Ruling Party Under Threat
Liberal Democratic Party leader and Prime Minister Fumio Kishida once called Web3 a “new form of capitalism,” but he faces a party leadership election in September.

DOJ Disputes Roman Storm's Characterization of Tornado Cash Operations in New Filing
The DOJ said Tornado Cash was a money transmitting business, among other details.

Custodia Bank Appeals Court Loss in Fed Master Account Lawsuit
Custodia filed a notice of appeal on Friday after a judge last month ruled it did not have the right to a Fed master account.

Warren Flags Crypto Ties to Child Sexual Abuse in Letter to DOJ, Homeland Security
Digital assets are the "payment of choice" for child sexual-abuse materials, Sens. Elizabeth Warren and Bill Cassidy wrote in their letter, asking what tools the feds need.

EU Parliament Adopts Anti-Money Laundering Rules Package, Also Policing Crypto
The new laws set up "enhanced" due diligence and customer checks for crypto firms.

Ex-Head of China's Digital Yuan Effort Facing Government Probe: Report
Yao Qian is reportedly being investigated for "violations of discipline and law."

UK Law Enforcement Agencies Can Now Seize Crypto More Easily as New Rules Take Effect
Law enforcement agencies will no longer need to wait for an arrest to seize crypto.

Consensys Sues SEC Over ‘Unlawful Seizure Of Authority’ Over Ethereum
By offering their MetaMask wallet software, the SEC says Consensys is acting as an unregistered securities broker.

Jebara Igbara, AKA 'Jay Mazini,' Sentenced to 7 Years in Prison for Crypto-Related Fraud
Igbara perpetrated multiple fraud schemes and scammed investors of at least $8 million.


