A proposal submitted to Arbitrum DAO to help fund the legal defense of Tornado Cash developers Roman Storm and Alexey Pertsev was withdrawn by its author. The proposal will be reworked and resubmitted later this week.

A somewhat anarchist replacement of the traditional political system was introduced by the newly launched The Other Party.

The team behind Aragon has decided to shut it down and force users to redeem their tokens. Its DAO, however, voted to take legal action to against this move.

Modhaus has raised $8 million in series A funding to grow a fan-driven decision-making and talent-picking K-pop production company.

With its proposed cost of $2 million, the 'Arbitrum Coalition' is facing mixed reactions. Community members weigh the benefits of enhanced decision-making against the risks of power centralization.

The island nation has enhanced its already progressive DAO regulation, ignoring a previous warning against the policy from the IMF.

Aave is revamping its governance system with the upcoming v3 upgrade, focusing on enhanced voter participation and reduced costs. The protocol is also looking at licensing its codebase.

The Republic of the Marshall Islands has supported blockchain-based initiatives. Now the IMF suggests imposing a moratorium on the registration of DAOs and says that the launch of a stablecoin in the RMI is 'especially concerning'.