New York AG warns CLARITY Act could weaken state crypto enforcement
New York Attorney General Letitia James has expressed concerns that the proposed CLARITY Act could undermine state-level enforcement of cryptocurrency regulations, urging Congress to enhance consumer protections for digital asset platforms. She warns that the bill may dilute states' authority to combat fraud in the crypto space.
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New York AG warns CLARITY Act could weaken state crypto enforcement
New York Attorney General Letitia James said the federal crypto market structure bill could restrict state regulators and urged Congress to impose stronger consumer protections on digital asset platforms.
NY Attorney General Letitia James warns Clarity Act would ‘dilute’ states’ ability to go after fraud as pressure mounts
NYAG Letitia James urged Congress to tighten a crypto bill, warning that it would weaken states' ability to police the industry.

