On the 14th, New York State Attorney General Letitia James announced that a letter opposing the Clarity Act, which defines the structure of the cryptocurrency market, was sent to the U.S. Senate, co-signed by Attorneys General from 18 states and regions. The letter, addressed to Senate Banking Committee Chairman Tim Scott and Ranking Member Elizabeth Warren, warned that the bill would weaken state authority to protect fraud victims.
The letter also urged the SEC to maintain state registration and licensing systems...