The US Department of Justice has disbanded its National Cryptocurrency Enforcement Team (NCET) after four years, aligning with a new blockchain-friendly focus advocated by the Trump administration. The NCET had previously targeted crypto crimes including fraud and money laundering, successfully prosecuting several high-profile cases. Deputy Attorney General Todd Blanche indicated that the DOJ will now concentrate on illegal crypto operations that harm investors, while easing regulatory scrutiny. This shift comes as the SEC also adopts a more welcoming stance towards the cryptocurrency industry.