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New York Attorney General Letitia James is urging Congress to pass federal crypto regulations that could unlock long-term growth and trust in the digital asset space. In a letter sent April 10 she said clear national rules would protect investors support innovation and strengthen U.S. leadership in financial technology.
James emphasized that proper oversight can boost confidence in crypto markets by reducing scams and eliminating bad actors. She believes federal regulation would bring much-needed transparency price clarity and accountability making it easier for legitimate companies to thrive and expand responsibly.
Her proposals include stronger standards for stablecoin issuers mandatory compliance for platforms and protections for retirement accounts. By closing regulatory gaps James argues the U.S. can build a safer crypto environment that supports innovation without compromising security. With digital assets becoming a permanent part of global finance she says now is the time to act and lay the groundwork for a more stable future.