ANALYSIS: New Enforcement Framework Clarifies DOJ Crypto Policy

Oct. 29, 2020, 2:32 PM

The October release of a Report of the Attorney General’s Cyber-Digital Task Force should be welcome news to cryptocurrency businesses looking for clarity about the Department of Justice’s views on digital currencies and its enforcement policies. The Enforcement Framework limits the DOJ’s role, deferring to the decisions of U.S. regulatory authorities for non-criminal uses of cryptocurrencies and blockchain technology in order to minimize the department’s restraint on development of legal uses, an approach that recent enforcement actions confirm.

The New DOJ Enforcement Framework

The DOJ began the process that produced the Enforcement Framework in February 2018, when then-Attorney General Jeff ...

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