Eighteen state attorneys general, led by New York Attorney General Letitia James, sent a letter to the leadership of the Senate Banking Committee on September 14, urging the Senate to reject the CLARITY Act in its current form. The letter points out that the bill would undermine law enforcement authority at the state level, especially as fraudulent activities in the digital asset space continue to escalate. This coalition is notably bipartisan, with Republican attorneys general from Kansas and Ohio joining their Democratic counterparts in opposing the legislation.
All Comments