DOJ AXES CRYPTO UNIT AS TRUMP'S REGULATORY PULLBACK CONTINUES

Summary from the TLDR Crypto newsletter

The DOJ has disbanded its National Cryptocurrency Enforcement Team and shifted its focus from enforcing regulatory violations to targeting criminal activities like fraud and terrorist financing. The US Deputy Attorney General emphasized that the department is not a regulator. This is a clear deviation from the previous “regulation by prosecution” approach, which was halted by President Trump's executive order on digital assets.