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US regulators shift stance in turning point for crypto policy

The building of the U.S. Department of Justice in Washington, DC
Kevin Dietsch/Getty Images

The DOJ shifts aim to end prosecutions over user actions and focuses enforcement on clear cases of fraud and abuse.

In a policy change that could reshape the regulatory landscape for digital asset companies, the US Department of Justice (DOJ) has announced a significant narrowing of its approach to prosecuting cryptocurrency firms.

A memorandum circulated by Deputy Attorney General Todd Blanche outlines that the department will no longer pursue criminal