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Regulations
German Regulator Seizes 13 Crypto ATMS
The machines were operating without the required BaFin permission and posed money laundering risks, a BaFin statement said.

Another Crypto 'Fraudster' Arrested in Montenegro, Where Do Kwon Awaits Extradition: Reports
Polish national Roman Ziemian is the co-founder of digital currency trading platform FutureNet who allegedly defrauded users out of around $21 million.

Crypto-backed Candidate Ansari Narrowly Wins Arizona Primary by 39 Votes
The industry's top campaign-finance operation poured about $1.4 million into advertising to help secure Ansari's victory in a U.S. House primary, which was finalized in a recount this week.

Nigeria Plans to Introduce Crypto Licensing Process: Bloomberg
The SEC wants to issue its first licenses for digital service and tokenized assets as early as this month.

NY Judge Rejects SEC’s Efforts to Stymie Tron’s Arguments in Ongoing Securities Suit
Lawyers for the Tron Foundation and Justin Sun urged the court to reject the SEC’s “attempt to manufacture a controversy” over an argument in their effort to dismiss the case.

Coin Center Wins Right to Sue U.S. Treasury, IRS Again Over Controversial Tax Reporting Rule
The crypto think tank argued that a 2021 amendment to 6050I, a law that requires certain transactions to be reported to the government, is unconstitutional.

Nigeria Planning to Present Law to Tax Crypto by September: Report
Enacting the law would need the support of the National Assembly.

What a Dubai Court Ordering a Company to Pay Its Employee in Crypto Means
The ruling may not necessarily mean crypto is legalized for salary payment in general, two Dubai-based lawyers told CoinDesk.

Shaquille O'Neal Will Have to Defend Some of the Allegations Against Him in the Astrals NFT Lawsuit
The court did not dismiss the allegation that Astrals sold tokens which were unregistered "securities."

Nigeria Court Freezes $38M of Crypto Allegedly Sent to Support Protests in the Country: Reports
Nigerian authorities have traced $50 million of cryptocurrency sent to support recent protests, local media reported.
