The United States Department of Justice has announced it plans to pare back its investigations into cryptocurrency fraud, instead redirecting those resources towards immigration enforcement, terrorism and drug trafficking.
In a memo late on Monday, Deputy Attorney General Todd Blanche quoted President Donald Trump’s pledge to “end the regulatory weaponization” of the cryptocurrency industry.
“The Department of Justice is not a digital assets regulator,” Blanche wrote.
“The…
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News Source: www.aljazeera.com

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