Yesterday, April 7, 2025, the Deputy Attorney General (DAG) of the United States Department of Justice (DOJ) released a memorandum for all department employees titled “Ending Regulation by Prosecution” for the digital asset industry. In this memo, the DAG makes clear that the era of regulation by prosecution is over, emphasizing that “The Department of Justice is not a digital assets regulator.”Regarding the DOJ’s priorities, pursuant to Executive Order (EO) 14178, titled "Strengthe...