Wu Shuo learned that the US Department of Justice issued a memorandum on April 7, 2025, announcing the end of the "prosecution instead of regulation" digital asset enforcement strategy and the dissolution of the National Cryptocurrency Enforcement Team (NCET) established by the Biden administration in 2021. In the future, the Ministry of Justice will no longer launch criminal investigations into virtual currency exchanges, cryptocurrency mixing services (such as Tornado Cash), and offline wallets for user behavior or unintentional violations, nor will it hold developers legally responsible for their code being used for criminal purposes, unless it involves serious crimes such as terrorism, drug trafficking, hacker attacks, money laundering, or human smuggling. Cases involving securities or commodity trading regulations shall not be charged without clear subjective intent. The Ministry of Justice will also participate in the Presidential Digital Asset Market Working Group and cooperate in promoting relevant regulatory and legislative adjustments. https://www. (wublock123.com)/index.php? m=content&c=index&a=show&catid=6&id=40678