DOJ Reverses Course, Will Not Prosecute Developers of Decentralized Crypto Apps Without Criminal Intent

The U.S. Justice Department has announced a significant shift in its approach to regulating decentralized crypto applications. It will no longer prosecute developers who create these apps without criminal intent, instead focusing on cases involving the intention to facilitate illegal activities. This marks a change from previous enforcement policies which saw software creation prosecuted under money transmitter laws like those used by traditional financial institutions.