US crypto enforcement is no more
The Trump administration is rolling back crypto enforcement, shifting focus away from prosecuting platforms for user actions.
The US Department of Justice is changing its approach to cryptocurrency enforcement under the Trump administration. Federal prosecutors will no longer target crypto platforms, wallets, or mixers for the actions of their users, unless there’s clear evidence of intentional wrongdoing. This policy shift comes after President Trump revoked earlier regulations aimed at controlling crypto risks, aiming instead to boost US leadership in digital finance.
Deputy Attorney General Todd Blanche outlined the new strategy in a memo, announcing the end of the National Cryptocurrency Enforcement Team and…