The Department of Justice is overhauling its approach to cryptocurrency enforcement. It’s no longer just focused on cracking down on illegal activities, but on prevention and building out a clearer regulatory framework for digital assets like DeFi and NFTs.
Jared Kushner will lead the review, targeting crypto projects that fall outside traditional oversight. Attorney General Garland, however, drives this effort due to concerns from stablecoins’ risks to illicit finance through lending protocols.