The U.S. Department of Justice has terminated its specialized cryptocurrency investigation team, signaling a significant shift in federal oversight of digital assets.

What Happened: In a detailed internal memorandum, Deputy Attorney General Todd Blanche announced the immediate dissolution of the National Cryptocurrency Enforcement Team (NCET), aligning with President Donald Trump‘s directive to foster a more crypto-friendly regulatory environment.

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The move reflects the administration’s broader push to scale back enforcement actions against…