DOJ Maintains Regulation on Cryptocurrency Exchanges, Opposing Claims

2 mins mins

Key Points:

The DOJ remains firm on crypto regulation, against rumors.
The DOJ remains active against crypto crimes nationwide.
Market stability persists in light of ongoing regulation.

Amid market rumors, the U.S. Department of Justice (DOJ) has confirmed its ongoing role in regulating cryptocurrency exchanges and offline wallets nationwide.

The DOJ’s steadfast regulatory stance emphasizes enforcement against financial crimes, countering softer approaches by other U.S. agencies.

DOJ’s Firm Stance Against Crypto Crimes Amid Regulation Hints

The U.S. Department of Justice announced it will maintain regulation of cryptocurrency exchanges and wallets, contradicting recent rumors of a cessation. The DOJ’s explicit focus on enforcement actions confirms its continuing commitment to governing crypto activities, particularly regarding criminal investigations.

Immediate implications include sustained vigilance over cryptocurrency platforms. The DOJ highlighted its objectives to deter money laundering and sanction compliance violations. This International operation disrupts cryptocurrency exchange Garantex announcement reinforces its intention to remain assertive against unlicensed operations and illicit finance activities.

Market reactions remain steady amid the DOJ’s announcement. Industry experts affirm cautious optimism, noting the persistence of regulatory frameworks as essential to improving investor confidence. Gary Gensler, SEC Chair, emphasized, “Those offering crypto asset investments/services may not be complying w/ applicable law, including federal securities laws,” highlighting the risk of operating with non-compliance, while industry analysts continue advocating for balanced regulation.

Monero Price Declines Amid Regulatory Clarity Concerns

Did you know? By maintaining its regulatory focus, the DOJ aligns with historical approaches taken during cases like Tornado Cash, underscoring a consistent effort to curb illicit finance.

Monero (XMR) is currently valued at $199.27 per coin with a market cap of 3.68 billion. It’s experienced a 1.34% decrease over the past day, logging a 7-day drop of 8.16%. Despite fluctuations, Monero’s trading volume of $70.95 million reveals enduring market participation, as reported by CoinMarketCap.

monero-daily-chart — Monero(XMR), daily chart, screenshot on CoinMarketCap at 20:37 UTC on April 8, 2025. *Source: CoinMarketCap*

Insights from the Coincu research team indicate that while regulatory clarity remains critical for technological growth, compliance frameworks may affect privacy-focused tokens like Monero. Analysts predict enforcement actions could influence market dynamics, impacting privacy and governance token adoption.