This is the latest in a sweeping set of pro-crypto moves under President Donald Trump aimed at rolling back what his administration views as regulatory overreach by the Biden administration.
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DOJ ends crypto enforcement team, shifts focus to terrorism and fraud
“Litigation or enforcement actions that have the effect of superimposing regulatory frameworks on digital assets” will no longer be pursued, the memo states, deferring that responsibility to financial regulators operating outside the criminal justice system.
