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US Department of Justice Disbands Crypto Investigation Unit — Great for Crypto?

  • The US Department of Justice (DOJ) has disbanded the National Cryptocurrency Enforcement Team as part of a shift in regulatory focus.
  • The DOJ will now concentrate on prosecuting the victimization of digital asset investors rather than pursuing cryptocurrency enforcement.
  • This move follows the Trump administration's efforts to ease regulatory tension in the industry and create clearer rules.
  • The administration's aim is to make the United States a global capital for cryptocurrency and Artificial Intelligence, promoting innovation.

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