18 prosecutors led by the New York Attorney General call on Congress to reject the Clear Act
2026-09-14 23:35:33
According to CoinMeta, a bipartisan alliance of 18 prosecutors led by New York Attorney General Letitia James called on Congress to reject the Clear Act. James stated, "As written, the Clear Act will facilitate fraudulent activities." They warned that the bill could weaken states' power to combat crypto fraud and allow federal regulators to override state registration rules. The alliance hopes that Congress will preserve state law enforcement powers and clarify legal provisions that could lead to regulatory disputes.
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