U.S. Department of Justice has reportedly disbanded its cryptocurrency enforcement unit “effective immediately” in response to an order from President Donald Trump. This move signals a significant shift in the federal approach to digital assets, aligning with Trump’s broader policy to reduce regulatory oversight of the cryptocurrency industry. The decision redirects the DOJ’s focus away from targeting crypto exchanges, mixers, and wallets, prioritizing instead the prosecution of individuals who exploit or defraud investors in the digital asset space. This development is part of a larger trend under the current administration to foster innovation in digital financial technologies while scaling back previous enforcement efforts.
