★Trump Policy Has Crypto Privacy Developers in a 'Very Bad State', Says Coin Center
"Persistent regulatory ambiguity surrounding the legal liability of crypto software developers introduces significant systemic risk to the digital asset ecosystem. This uncertainty could stifle innovation and capital formation in privacy-enhancing technologies, potentially re-routing development and investment to more permissive jurisdictions. Such a chilling effect impacts market structure by centralizing control and hindering the decentralized ethos critical to long-term institutional adoption."

The Big Coin Report Take
The Trump DOJ's alleged stance on not prosecuting crypto developers appears to be a moving target, according to Coin Center. The ongoing ambiguity leaves privacy-focused projects in a predictably precarious position, a familiar tune in this regulatory opera.
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