We have known that the Donald's administration has promised that it will remove much confusing regulations from the cryptospace and give the community regulatory clarity. The community was skeptical but it appears that this is becoming real.

Also, there are democrat senators who are very much showing their position and they are also showing that they are protecting the business interests of their owners and backers in Wall Street and the banking sector heheheheh. These democrats want the government to criminalize and prosecute innocent developers instead of focusing their efforts on prosecuting real criminals because there are development teams in the cryptospace who are a threat to the banking sector.



U.S. Deputy Attorney General Todd Blanche is under fire from Senate Democrats following his recent decision to narrow the Department of Justice’s (DOJ) crypto enforcement priorities and disband its crypto enforcement squad.

In a Thursday letter to Blanche, six Senate Democrats — Sens. Mazie Hirono (D-Hawaii), Elizabeth Warren (D-Mass.), Dick Durbin (D-Ill.), Sheldon Whitehouse (D-R.I), Chris Coons (D-Del.) and Richard Blumenthal (D-Conn.) — blasted his decision to cut the National Cryptocurrency Enforcement Team (NCET) as “giv[ing] a free pass to cryptocurrency money launderers.”

The Senators called Blanche’s directive that DOJ staff no longer pursue cases against crypto exchanges, mixers or offline wallets “for the acts of their end users” or bring criminal charges for regulatory violations in cases involving crypto, including violations of the Bank Secrecy Act (BSA), “nonsensical.”

In his memo to DOJ staff on Monday evening, Blanche cited U.S. President Donald Trump’s January executive order on crypto, which promised to bring regulatory clarity to the crypto industry, as the reason for his decision.

Instead, Blanche urged DOJ staff to focus their enforcement efforts on prosecuting criminals who use “victimize digital asset investors” or those who use crypto in the furtherance of other criminal schemes, like organized crime, gang financing, and terrorism.

Read in full https://www.coindesk.com/policy/2025/04/10/senate-dems-slam-doj-s-decision-to-axe-crypto-unit-as-a-free-pass-for-criminals