
Eleanor Terrett|Apr 10, 2025 16:40
🚨NEW: This morning @NewYorkStateAG Letitia James sent a letter to congressional leaders @LeaderJohnThune, @SenSchumer, @SpeakerJohnson and @RepJeffries urging them to pass a federal regulatory framework for digital assets to mitigate fraud, criminal activity, and financial instability.
Notably, she says that widespread adoption of Bitcoin threatens dollar dominance and encourages the onshoring of stablecoins to protect that dominance.
James also discourages allowing the inclusion of digital assets in retirement accounts.
Full letter here: https://ag.ny.gov/sites/default/files/letters/letter-to-congress-on-digital-asset-regulation-letter-2025.pdf
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