Crypto News Today: Justice Department Disbands Crypto Enforcement Unit Amid Shift in Regulatory Focus
The move, which comes amid broader deregulatory efforts, reflects President Donald Trump’s evolving vision for the digital asset industry, prioritizing innovation and economic growth over what his administration has called “regulation by prosecution.”
Justice Department Refocuses Priorities
In a memo circulated late Monday, Deputy Attorney General Todd Blanche announced that the NCET was being dissolved “effective immediately.” The team, established in 2022, had been a central force in investigating cryptocurrency-related crimes, especially those involving virtual currency exchanges, fraud, money laundering, and illicit finance.
Trump scales back crypto enforcement as he builds up his digital asset empire. Source: Molly White…
