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According to the Nikkei, Japan's Financial Services Agency plans to relax regulatory restrictions on trust banks issuing stablecoins, opening up space for individuals to conduct stablecoin transactions exceeding 1 million yen, and intends to include relevant content in the upcoming tax reform proposals.If implemented, stablecoins could further be used in large consumption scenarios such as automobiles and housing, indicating that the application of stablecoins in Japan is expanding from small payments to higher amount settlements.

According to The Block, South Korea's top financial regulator has stated that it will accelerate discussions on cryptocurrency-related legislation and plans to launch the country's version of the "Basic Law on Digital Assets" this fall.The bill is expected to establish corresponding rules regarding stablecoin issuance, licensing for virtual asset service providers (VASP), Bitcoin ETFs, and other matters.

The cryptocurrency wallet project SafePal has released updates on the security incident, stating that it is continuously tracking phishing websites and impersonation accounts, and plans to introduce a professional anti-phishing security company to expedite the removal of malicious information to protect user asset security. SafePal mentioned that it is currently in the final selection process among four professional anti-phishing security companies, and once a partner is selected, it will further enhance the efficiency of handling threats such as counterfeit websites and scam accounts.The team is also continuously monitoring whether the affected data has been sold or made public, including channels such as dark web forums and trading markets. Once signs of data leakage are detected, affected users will receive risk alerts immediately. Regarding security audits, SafePal stated that it is in the final selection among three mature independent security institutions, which will conduct a comprehensive security review of the order system. Meanwhile, the team is reassessing the order and logistics processes to reduce the amount of data that needs to be stored in the initial phase of the system, thereby reducing potential risks from the source.For affected users, SafePal stated that it will continue to provide one-on-one assistance through official support channels and will keep updating the fraud protection page, providing updates on the incident, FAQs, and analysis of fraud cases. SafePal once again reminds users: the official will never ask users to provide their seed phrase. Users should not disclose their seed phrase to anyone, should not scan unknown QR codes or click on suspicious links, and should verify the source of information through official channels.

According to the Associated Press, drug enforcement agencies from Cambodia and the United States announced on Friday that they have dismantled a cryptocurrency money laundering network utilized by the Sinaloa drug cartel from Mexico.The operation was conducted in collaboration between Cambodian drug enforcement police and the U.S. Drug Enforcement Administration, seizing approximately $7 million in cryptocurrency related to the Sinaloa drug cartel, arresting multiple individuals, and confiscating assets, drug production laboratories, and storage facilities.

According to Pulse2, the AI agent platform Moss announced its entry into the "unicorn club" after completing a €30 million Series C funding round, led by Portage and Cherry Ventures.The new funding will support its expansion into a broader Finance AI product system, creating AI agent workflows aimed at corporate finance departments. Users can configure AI agents based on different financial functions, retaining visibility and control over the agent's operational steps and decision-making processes while automating tasks.

According to Bloomberg, former chief architect of Alibaba's flagship model, Lin Junyang, recently announced the establishment of a new company on the X platform, focusing on developing artificial intelligence agents for the digital and physical worlds.This comes less than six months after his unexpected departure from Alibaba. The company has received investment support from Tencent Holdings and several leading venture capital firms in China.

The Financial Services Agency of Japan announced personnel appointments. As part of an organizational restructuring, the agency has established a new "Department of Crypto Assets and Stablecoins," specifically responsible for regulating crypto assets and stablecoins. Toshiaki Adomi has been appointed as the first section chief.Toshiaki Adomi graduated from Osaka University Faculty of Law in 2002 and then joined the Financial Services Agency. He later obtained a Master of Business Administration from the University of Birmingham in the UK and a Master of Laws from the London School of Economics. He has held positions in bank supervision and policy coordination, and from July 2025, he will serve as a councilor in the Comprehensive Policy Bureau. Until August 1, 2026, he served as the councilor overseeing postal savings and insurance supervision.

According to CoinPost, the Financial Services Agency of Japan has announced a partial revision of the "Comprehensive Supervision Guidelines for Major Banks and Others," which will unify the reporting format for cybersecurity incidents across 17 regulatory areas, including cryptocurrency exchange operators.A new "Common Format for Other Cyber Attacks and Related Incidents" has been added, which, along with the existing formats for DDoS attacks and ransomware, constitutes a three-category reporting distinction system. As a transitional measure, non-specific social infrastructure operators may continue to use the old reporting format until the end of March 2027, with the deadline for public comments set for September 7, 2026.

The Korean National Police Agency has selected Upbit's parent company, Dunamu, through public bidding to be responsible for the custody of seized virtual assets, with a contract period of 1 year.The confiscated digital assets will be managed through the digital asset custody service Upbit Custody, responding in real-time to regulatory infrastructure and conducting custody and management within 365 days. This service employs 100% offline cold wallets, 24/7 monitoring, and introduces MPC, DKG multi-key management, and multi-signature technology to ensure asset isolation and security.

According to CoinPost, the Financial Services Agency of Japan and the National Police Agency recently jointly sent a letter to the Japan Virtual Currency Exchange Association (JVCEA), requesting exchanges to strengthen anti-fraud measures. This request includes 11 specific requirements, such as the need for withdrawal addresses to be registered in advance, enhanced transaction monitoring, strict verification of identification documents when opening accounts, and setting a withdrawal limit for a certain period after users deposit fiat currency or purchase crypto assets.The background of this action is the increasing prevalence of investment scams and "pig butchering" schemes on social media, where criminals frequently use crypto accounts to transfer illegal funds. The Financial Services Agency also suggested that exchanges flexibly set withdrawal limits based on customers' risk levels and transaction purposes, and that suspicious transactions should immediately result in account restrictions or freezes, while enhancing intelligence cooperation with the police. For system renovations that are difficult to implement in the short term, exchanges are allowed to proceed in phases. In addition, the Financial Services Agency has officially established the "Cryptocurrency and Stablecoin Division," responsible for related regulatory affairs.

According to CoinPost, the Financial Services Agency and the National Police Agency of Japan jointly issued a request to the Japan Virtual Currency Exchange Association (JVCEA), asking all cryptocurrency traders to strengthen withdrawal restrictions to prevent fraud victims, proposing a total of 11 new measures.The main content includes: the introduction of a pre-registration system for withdrawal destinations, setting a certain period of withdrawal restrictions after depositing fiat currency or purchasing cryptocurrency, establishing withdrawal limits based on customer risk assessments, and enhancing transaction monitoring and information-sharing mechanisms with police in each prefecture. The background is that the damage from social media investment inducements and "pig butchering" scams continues to expand, with criminal methods becoming increasingly complex.

According to NADA NEWS, the Financial Services Agency of Japan announced the establishment of a new "Cryptocurrency and Stablecoin Division," specifically responsible for the regulation of cryptocurrencies and stablecoins. The organizational restructuring took effect on August 7. Previously, cryptocurrency-related business was managed by the "Cryptocurrency and Blockchain Innovation Office" and the "Cryptocurrency Monitoring Office," which were under the Risk Analysis Division of the Comprehensive Policy Bureau.After the restructuring, the new Cryptocurrency and Stablecoin Division was established under the Asset Utilization and Insurance Supervision Bureau, upgrading from an office-level to an independent division-level department. This division includes the "Cryptocurrency Monitoring Office," responsible for exchange regulation, as well as the "Innovation Promotion Office" and the "Digital Payment Planning Office." The Financial Services Agency stated that the restructuring is aimed at addressing new challenges such as financial digitalization and regulatory demands.

According to Cointelegraph, U.S. Senate Minority Leader Chuck Schumer has officially proposed the Anti-Corruption Bureau Creation Act, which aims to establish a new government agency dedicated to addressing corruption at the federal level. The bill specifically names Trump, citing his disclosed investment earnings of over $2 billion in 2025 (of which $1.4 billion is related to cryptocurrency), as well as his family's holdings in cryptocurrency funds linked to foreign governments totaling over $1 billion.The proposed agency will consist of 7 bipartisan members, who will take office upon confirmation by the Senate, and will have "substantive powers" to investigate, enforce, and prevent administrative corruption, integrating the Federal Election Commission, the Office of Government Ethics, and the Office of Special Counsel under one roof. Senators Andy Kim, Alex Padilla, and Jeff Merkley jointly proposed the measure. White House Deputy Press Secretary Anna Kelly responded that Trump's investments "are held in a fully managed account by an independent third-party financial institution, with no conflicts of interest."

According to Jinshi reports, the Ukrainian open-source intelligence agency DeepState stated on social media on the 29th that the Russian army has established fire control 40 kilometers deep at the front lines of the cities of Sloviansk and Kramatorsk in the Donetsk region and has launched continuous attacks.The Russian Ministry of Defense reported that the Russian army defeated the Ukrainian forces in multiple locations, including the Donetsk region, on the same day.

On July 18 to 19, the Bangalore branch of the Indian Enforcement Directorate conducted raids at multiple locations involved in a virtual asset over-the-counter trading scam targeting overseas investors, based on the Prevention of Money Laundering Act (PMLA).The criminal gang claimed to supply tokens such as MultiversX, Kava, BEAM, GRASS, SUI, VANA, and AGLD at discounted prices through private social channels, thereby enticing foreign investors to invest funds. The total amount involved in the case is approximately $35 million, initially reported by a Dutch entity.This operation has seized electronic devices, wallet credentials, and cryptocurrency assets worth 8,700 USDT. Law enforcement agencies are continuing to expand leads and dig deeper into the complete criminal chain.