DOJ Axes Crypto Unit as Regulatory Pullback Continues
The U.S. Department of Justice (DOJ) has dissolved its specialized cryptocurrency enforcement unit, a move that reflects the broader regulatory pullback under the Trump administration. This shift comes amid ongoing debates over the appropriate regulatory framework for cryptocurrencies, with advocates arguing for more robust protections and critics warning against overreach that could stifle innovation. Without the dedicated crypto unit, the DOJ will continue to prosecute cases involving digital currencies, but advocates for the crypto sector express concern over potential inconsistencies in enforcement. As regulatory pressures ebb, industry participants are left navigating an uncertain landscape, potentially opening the door for further dialogue on cryptocurrency governance and oversight.
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