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Under Trump, U.S. Dismantles Crypto Crackdown

  • Federal officials declared that so-called memecoins would not be subject to strict oversight.
  • A series of investigations into major cryptocurrency firms were halted.
  • The Securities and Exchange Commission agreed to pause a fraud case against a top crypto entrepreneur.
  • U.S. regulators have almost entirely dismantled a yearslong government crackdown on the crypto industry.

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