New York lawyer in general calls Congress to pass the cropto regulations

New York Lawyer General Letetia James called on the legislations in the United States to pass federal cripple legislation.

In it letter On Thursday, 10. April, Lawyer James warned that the lack of a robust Federal Regulatory Framework for CRIPTO sets the risk of crime and financial instability in connection with the crypt.

A strong legal framework would help alleviate these potential risks, as well as enabling better investor protection, James said. It was held in Leader Leader Most Senate John Thune, Senate Senate Minority Leader Charles Schumer, American President Mike Johnson and House Mining.

She claimed that New York had countless investors of cryptocurnost and digital property, and these legislators must do more to protect the investor and their money.

“Thousands of investors in New York have lost millions of dollars for cryptocurrent federal regulations. I call the Congress to make legislation that would strengthen federal regulations on the cryptocurious industry to protect investors, strengthen in agent” statement.

James said lawmakers should require crypto companies to register with a federal regulatory agency and set minimum entry standards for CRIPTO Token

James’ letter to congress leaders only comes the day after the Ministry of Justice announced dismantling His investigative unit for crippo fraud. It also comes to the back of significant progress in Washington in connection with the Stablecoin Regulation, with the legislators in the Senate and the House of Representatives are crossing key accounts on Stablecoins.

According to James, the Federal Legislative Framework should forced StableCoin publishers to be presence in the United States, she claims to deposit his stable reserve reserves – American cash registers and other cash equivalents – in local banks in the country.

Top Stablecoins Wigged in the US Dollar include the mooring (USDTT) and the circle is USDC (USDC).