US Justice Department Disbands Cryptocurrency Enforcement Unit Amid Trump Directives
In a significant shift in policy, the US Justice Department has disbanded its cryptocurrency enforcement unit, following directives from the Trump administration to ease up on regulatory oversight of the crypto industry. The department will no longer pursuing investigations into cryptocurrency fraud and has instructed staff to ignore violations by crypto exchanges and wallets. This move has raised concerns about the potential risks this poses to American consumers. Meanwhile, notable figures such as billionaire Warren Buffett emphasize the importance of not just hard work but also the company one keeps for achieving financial success. The changing landscape of crypto regulation comes alongside broader discussions on tariffs and trade relations, particularly with countries like Vietnam.
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