DOJ Eases Regulations on Crypto Developers, Signaling Policy Shift

The Department of Justice has adopted a more lenient stance toward cryptocurrency software developers, declaring it will not pursue legal action against creators of decentralized platforms absent criminal intent. Acting Assistant Attorney General Matthew Galeotti outlined the new approach during a digital asset summit in Wyoming, marking a departure from earlier enforcement priorities.

The policy shift aligns with broader efforts to position the United States as a global leader in cryptocurrency innovation. Recent legislative activity, including three pro-crypto bills, reflects this strategic direction. Galeotti's remarks specifically differentiated code development from money transmission services, potentially reducing regulatory uncertainty for blockchain builders.

Traditional financial service providers like Western Union and Venmo remain subject to stringent anti-money laundering requirements. The crypto industry has long contested these standards when applied to decentralized protocols, creating tension between innovation and compliance.