Trump Eases Crypto Enforcement

This is a US news story, published by Wired, that relates primarily to Joshua Naftalis news.

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crypto enforcement

Wired

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Business

Business & Economics

The US Is Turning a Blind Eye to Crypto Crimes

Summary

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75% Informative

US authorities have increasingly abdicated responsibility for policing crypto-related offenses.

Attorneys and lawmakers fear the resulting enforcement vacuum could be used to violate rules with impunity.

While running for office, Trump repeatedly declared himself a champion of bitcoin, and members of his family have become thoroughly entangled with the crypto industry.

Six Democrat senators argue that a loosening of the grip on platforms responsible for the flow of crypto assets will lead to dangerous downstream outcomes.

The DOJ’s position may not, though, be the free pass that it seems, claims Joshua Naftalis , a former prosecutor.

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semi-formal

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English

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