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The DOJ’s future cases may appear a bit different in terms of the specific allegations made, but "it’s much too soon to say that everybody can assume the DOJ is out of the crypto business," she said. What the memo seems to want to explicitly move away from is any suggestion that federal prosecutors would interpret how securities or commodities laws might apply to digital assets. New York Attorney General Letitia James wrote an open letter to Senate leaders in the same week asking them to advance legislation to address cryptocurrency risks.
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- She did not specifically reference Blanche’s memo but detailed possible ways to better police the sector through legislation.
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