The crypto industry praised a memo signed by Deputy Attorney General Todd Blanche directing the Department of Justice to end “regulation by prosecution.”
The crypto industry praised a memo signed by Deputy Attorney General Todd Blanche directing the Department of Justice to end “regulation by prosecution.”signed by Deputy Attorney General Todd Blanche directed the U.
S. Department of Justice to exercise more discretion in prosecuting crypto cases by ceasing any cases that “superimpose regulatory frameworks on digital assets” until regulatory agencies craft new frameworks for the sector.that the DOJ might go easy on fraud or other criminal activities. Attorneys said in April, after the memo was published, that they did not expect the DOJ to actually take it easy on clearly fraudulent actions, but rather, that the DOJ would wait for clarity from the U.S. Securities and Exchange Commission or Commodity Futures Trading Commission to more clearly define how different crypto assets might fall under the definition of a security or commodity. On a practical level, it’s difficult to gauge what sort of impact the memo actually had. It’s impossible to know how many cases the DOJ might have brought but for the memo, and in ongoing cases, prosecutors largely said the memo did not apply.acknowledged modifying their case due to the memo, the case against Tornado Cash developer Roman Storm, the DOJ only dropped one part of one charge;Still, Blanche’s memo signaled a shift in how the DOJ might approach crypto cases, reflecting a broader change within the federal government under current President Donald Trump, which became far more crypto-friendly than former President Joe Biden’s administration. As of October 2025, GoPlus has generated $4.7M in total revenue across its product lines. The GoPlus App is the primary revenue driver, contributing $2.5M , followed by the SafeToken Protocol at $1.7M. GoPlus Intelligence's Token Security API averaged 717 million monthly calls year-to-date in 2025 , with a peak of nearly 1 billion calls in February 2025. Total blockchain-level requests, including transaction simulations, averaged an additional 350 million per month. Since its January 2025 launch , the $GPS token has registered over $5B in total spot volume and $10B in derivatives volume in 2025. Monthly spot volume peaked in March 2025 at over $1.1B , while derivatives volume peaked the same month at over $4B. The Tornado Cash developer’s trial this summer is evidence that the crypto industry is still severely lacking regulatory clarity.
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
McFarlane Toys Todd’s Mods Darkseid & Cyborg Are Up For Pre-OrderComic Book Movies, News, & Digital Comic Books
Read more »
Todd's Mods Wave 3 Figures from McFarlane Toys Now Available for Pre-OrderMcFarlane Toys and DC Direct's Todd's Mods Wave 3, featuring Darkseid and Cyborg, are now available for pre-order. These 4 1/2-inch limited edition vinyl figures, priced at $19.99 each, will be released on February 14th, making them a unique Valentine's Day gift option.
Read more »
Ruinart reveals annual Carte Blanche creative collaborationThe LVMH-owned Champagne house is reconnecting with Chinese artist Liu Bolin for an experiential residency in the Maldives.
Read more »
Most Influential: Pavel DurovThe Telegram CEO may stand as the most pivotal figure in the bona fide mass adoption of cryptocurrency.
Read more »
Most Influential: Sergey NazarovChainlink’s co-founder spent 2025 turning oracles, cross-chain messaging and CRE into building blocks for tokenized funds and on-chain finance.
Read more »
Most Influential: ZachXBTZachXBT still holds the crown as the crypto world’s pseudonymous Sherlock Holmes.
Read more »