News & Analysis as of

Cryptocurrency Financial Crimes Executive Orders

Orrick, Herrington & Sutcliffe LLP

DOJ shifts focus on digital asset enforcement

Recently, the Deputy Attorney General for the DOJ released a memo that outlined a new policy direction for the DOJ regarding the enforcement of laws related to digital assets. The memo emphasized ending the previous...more

Ballard Spahr LLP

A New Era for Digital Assets: The Impact of DOJ’s Shift Away from Regulation by Prosecution and Its Implications

Ballard Spahr LLP on

In a significant policy shift, Deputy Attorney General Todd Blanche issued a memorandum titled “Ending Regulation By Prosecution,” on April 7, 2025, signaling a change in the Department of Justice’s (DOJ) approach to digital...more

Sheppard Mullin Richter & Hampton LLP

DOJ Narrows Crypto Enforcement Focus to Fraud and Criminal Conduct

On April 7, in a significant policy shift, the U.S. Department of Justice (DOJ) announced via the release of a memorandum that it will no longer pursue criminal enforcement actions that effectively impose regulatory...more

BakerHostetler

DOJ’s New Policy on Prosecutions to Focus on Bad Actors, Not Digital Asset Industry

BakerHostetler on

On April 7, 2025, Deputy Attorney General Todd Blanche announced in a memorandum to all DOJ employees (the “Blanche Memorandum”) that the DOJ “will stop participating in regulation by prosecution” and “no longer pursue...more

Wiley Rein LLP

DOJ Disbands Crypto Enforcement Unit

Wiley Rein LLP on

In a significant shift in enforcement strategy, the U.S. Department of Justice (DOJ) disbanded its National Cryptocurrency Enforcement Team (NCET), effective immediately. According to the April 7 memo announcing the decision,...more

Sheppard Mullin Richter & Hampton LLP

Federal Crypto Ownership: Compliance Implications of the Strategic Bitcoin Reserve and U.S. Digital Asset Stockpile

Following President Trump’s March 6 Executive Order establishing a Strategic Bitcoin Reserve and U.S. Digital Asset Stockpile, federal agencies and market participants may begin to grapple with the operational and compliance...more

Akin Gump Strauss Hauer & Feld LLP

Establishment of the Strategic Bitcoin Reserve and United States Digital Asset Stockpile

The Secretary of the Treasury shall establish an office to administer and maintain control of custodial accounts collectively known as the “United States Digital Asset Stockpile,” capitalized with all digital assets owned by...more

Lowenstein Sandler LLP

Crypto Brief - Newsletter - January 24, 2025

Lowenstein Sandler LLP on

Lowenstein Crypto advises leading digital asset and cryptocurrency projects, exchanges, and trading firms. Our practice covers regulatory advice, transactions and structuring advice, investigations, and adversarial matters...more

Orrick, Herrington & Sutcliffe LLP

Treasury recommends strengthening DeFi AML/CFT supervision

On April 6, the U.S. Treasury Department published a report on illicit finance risks in the decentralized finance (DeFi) sector, building upon Treasury’s other risk assessments, and continuing the work outlined in Executive...more

Husch Blackwell LLP

US DOJ Responds to Biden Executive Order on Digital Assets

Husch Blackwell LLP on

On March 9, 2022, President Joseph Biden issued Executive Order 14067, which charged the Department of Justice (in consultation with the Departments of State, Treasury, and Homeland Security) to submit a report on how to...more

K2 Integrity

Sanctions Against Russia: Understanding the Evolving Picture and How to Respond

K2 Integrity on

...Since the start of the invasion of Ukraine by Russian forces on February 24, the United States (U.S.), United Kingdom (UK), and the European Union (EU) have led a global sanctions campaign against Russia that has been...more

Akin Gump Strauss Hauer & Feld LLP

President Biden Signs Executive Order Outlining Federal Government’s Approach to Digital Assets

On March 9, 2022, President Joe Biden signed Executive Order (EO) #14067, Ensuring Responsible Development of Digital Assets, a long-awaited regulatory roadmap for executive branch agencies. In the EO, Biden directs relevant...more

Proskauer - Blockchain and the Law

President Biden Issues Executive Order Detailing National Policy Objectives for Digital Assets

On March 9, 2022, the President issued an Executive Order (the “E.O.”) that articulates a high-level, wide-ranging national strategy for regulating and fostering innovation in the burgeoning digital assets space.  The...more

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