#CryptoRegulation

🇺🇸 United States: Shift Towards Supporting Innovation with a Focus on Crimes

• Change in Justice Department Strategy: The U.S. Department of Justice issued the “Blanche Memo,” redirecting enforcement priorities to focus on criminal offenses related to digital currencies, such as terrorism financing and fentanyl trafficking, rather than broader regulatory actions. 

• Strategic Bitcoin Reserve: President Trump signed an executive order to establish a strategic reserve of Bitcoin and other digital currencies, aiming to enhance the United States' position in the digital financial technology sector. 

• Stable Legislation Under Consideration: Bills like the STABLE Act and GENIUS Act are being studied to regulate dollar-backed stablecoins, reflecting a growing interest in providing a clear regulatory framework for this sector.