According to the United States of Justice, the Ministry of Justice in the United States (DOJ) dissolves the national cryptocurrency enforcement team (NCET).
NCET is noticed in a four -page memorandum by Deputy General Todd Blanche, according to a wealth journalist who claims to have seen the document on April 8 a report. The official was reported in the note:
“The Ministry of Justice is not a regulator of digital assets. However, the previous administration used the Ministry of Justice to follow up on a reckless strategy of the organization through the prosecution.”
Blanche is the second highest official in the Ministry of Justice and served as US President Donald Trump Defense lawyer in prominent cases, including New York’s silence issue Federal issues related to classified documents and 2020 election.
Related to: Trump’s tariff negotiations are “everything about” China – Raul Pal
What is NCET?
The launch of NCET has been created In October 2021 under the leadership of President Joe Biden. At that time, Prosecutor Lisa Monaco, Deputy Prosecutor Lisa Monaco, said that the unit was aiming to follow the platforms “that help criminals wash or hide their criminal revenues.” She said:
“We want to enhance our ability to dismantle the financial ecosystem that enables these criminal actors to prosper – and fully frankly – to take advantage of what they do.”
NCET has been active since February 2022, and at the time of publication, Website It is still online. It is said that the solution is valid immediately and is implemented as part of the efforts made to comply with the executive in late January in late January. to request Reshaving the encryption policy.
NCET site. source: US Department of Justice website
Related to: American federal agencies to report Checks for the Treasury by April 7
Trump makes waves in the American encryption policy
Before returning to his post, Trump carried out a pro -captain policy. He promised to create a Bitcoin strategic reserves for the United States (BTC)Talk to encryption conferences Whether before and after his re -election He promised to make the United States a global encoding leader. It is too He chose the head of the Securities and Exchange Committee.
Despite the positive position of the administration, critics raised concerns about the conflict of potential interests. Trump and his family behind the decentralized financing protocol (Defi) for financial finance (WLFI), official Mimin Trump (Trump) and him Trump is launching the boxes circulating in the exchange of encryption (ETFS) In partnership with Crypto.com.
The projects themselves were also a source of multiple disputes, with the presence of the president Bringing commercial allegations from the insideLater It was removed by some robot activity MEV. Fears were also raised about the global Stablecooin of WLFI in WLFI Complexing the ongoing efforts of the two parties to pass the Stablecoin legislation In Congress.
This led to five Democratic lawmakers in the US Senate Driving in the organizational agencies To consider the conflict of potential interests caused by Stablecoin USD1 in late March. Earlier in April, California Maxine Waters actor suggested that Trump be Looking to replace the US dollar with stability.
magazine: Trump’s encryption projects raise conflicts in interests, trading questions from the inside
publish_date
