DOJ’s Game-Changing Approach to Crypto Development
Prepare to recalibrate your understanding of cryptocurrency law, because the U.S. Department of Justice (DOJ) has just taken a significant leap. At a recent gathering in Wyoming, a transformative policy was unveiled: the DOJ will henceforth refrain from prosecuting developers of non-custodial software unless there’s unequivocal evidence of malicious intent. This seismic shift invigorates the Decentralized Finance (DeFi) landscape, encouraging investment in Ethereum and empowering ventures focused on privacy.
The Importance of Intent
The DOJ is sending a powerful message that is set to reshape the regulatory environment surrounding cryptocurrencies. As articulated by Acting Assistant Attorney General Matthew Galeotti, developers can…