{"id":23016,"date":"2025-02-28T15:40:28","date_gmt":"2025-02-28T16:40:28","guid":{"rendered":"https:\/\/medexperts.pro\/?p=23016"},"modified":"2025-02-28T17:27:26","modified_gmt":"2025-02-28T17:27:26","slug":"under-trump-u-s-dismantles-crypto-crackdown","status":"publish","type":"post","link":"https:\/\/medexperts.pro\/?p=23016","title":{"rendered":"Under Trump, U.S. Dismantles Crypto Crackdown"},"content":{"rendered":"
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Going case by case, regulators have halted investigations and withdrawn or paused lawsuits against top crypto companies and their executives.<\/p>\n

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Federal officials declared<\/a> that so-called memecoins would not be subject to strict oversight.<\/p>\n

A series of investigations into major cryptocurrency firms were halted.<\/p>\n

And the Securities and Exchange Commission agreed to pause a fraud case against a top crypto entrepreneur.<\/p>\n

Just over a month since President Trump\u2019s inauguration, U.S. regulators have almost entirely dismantled a yearslong government crackdown on the crypto industry, a volatile sector rife with fraud, scams and theft<\/a>.<\/p>\n

Regulators are following through on campaign promises that Mr. Trump made last year, as he courted donations from deep-pocketed crypto investors and marketed his own digital currency to the public.<\/p>\n<\/div>\n<\/div>\n

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But few in the crypto industry expected to notch so many victories so quickly.<\/p>\n

Last week, the S.E.C. agreed<\/a> to drop its lawsuit against Coinbase, the largest crypto company in the United States. Then, in rapid succession, top executives at the crypto firms Gemini<\/a>, OpenSea<\/a> and Uniswap Labs<\/a> announced that the agency had halted its investigations into their companies. An executive at another major crypto firm, Consensys<\/a>, said on Thursday that the S.E.C. had agreed to withdraw a lawsuit targeting one of the company\u2019s popular products.<\/p>\n

\u201cThis marks another milestone to the end of the war on crypto,\u201d Cameron Winklevoss, a Gemini founder, wrote<\/a> on X on Wednesday. \u201cI\u2019m glad to be turning the page here.\u201d<\/p>\n

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Going case by case, regulators have halted investigations and withdrawn or paused lawsuits against top crypto companies and their executives.Federal officials declared that so-called memecoins would not be subject to strict oversight.A series of investigations into major cryptocurrency firms were halted.And the Securities and Exchange Commission agreed to pause a fraud case against a top crypto entrepreneur.Just over a month since President Trump\u2019s inauguration, U.S. regulators have almost entirely dismantled a yearslong government crackdown on the crypto industry, a volatile sector rife with fraud, scams and theft.Regulators are following through on campaign promises that Mr. Trump made last year, as he courted donations from deep-pocketed crypto investors and marketed his own digital currency to the public.But few in the crypto industry expected to notch so many victories so quickly.Last week, the S.E.C. agreed to drop its lawsuit against Coinbase, the largest crypto company in the United States. Then, in rapid succession, top executives at the crypto firms Gemini, OpenSea and Uniswap Labs announced that the agency had halted its investigations into their companies. An executive at another major crypto firm, Consensys, said on Thursday that the S.E.C. had agreed to withdraw a lawsuit targeting one of the company\u2019s popular products.\u201cThis marks another milestone to the end of the war on crypto,\u201d Cameron Winklevoss, a Gemini founder, wrote on X on Wednesday. \u201cI\u2019m glad to be turning the page here.\u201dWe are having trouble retrieving the article content.Please enable JavaScript in your browser settings.Thank you for your patience while we verify access. If you are in Reader mode please exit and\u00a0log into\u00a0your Times account, or\u00a0subscribe\u00a0for all of The Times.Thank you for your patience while we verify access.Already a subscriber?\u00a0Log in.Want all of The Times?\u00a0Subscribe.<\/p>\n","protected":false},"author":1,"featured_media":23018,"comment_status":"close","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[6],"tags":[],"class_list":["post-23016","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-technology"],"_links":{"self":[{"href":"https:\/\/medexperts.pro\/index.php?rest_route=\/wp\/v2\/posts\/23016","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/medexperts.pro\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/medexperts.pro\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/medexperts.pro\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/medexperts.pro\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=23016"}],"version-history":[{"count":2,"href":"https:\/\/medexperts.pro\/index.php?rest_route=\/wp\/v2\/posts\/23016\/revisions"}],"predecessor-version":[{"id":23019,"href":"https:\/\/medexperts.pro\/index.php?rest_route=\/wp\/v2\/posts\/23016\/revisions\/23019"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/medexperts.pro\/index.php?rest_route=\/wp\/v2\/media\/23018"}],"wp:attachment":[{"href":"https:\/\/medexperts.pro\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=23016"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/medexperts.pro\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=23016"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/medexperts.pro\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=23016"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}