The enemy General calls Congress to keep pensions free – ‘No internal value’

New York Lawyer General Letitia James sent a letter to American Congress leaders who invite “common sense” Federal regulations for crypting and maintaining digital property from American pensions.

“I call the Congress to make legislation that would strengthen federal regulations on cryptocurnicality to protect investors, strengthen financial markets and stop scams,” James told 14 pages letter divided 10. April, exposing six main risks if the sector remains unregulated.

She said that without appropriate safeguards, “Unheaded Proliferation of Digital Property” undermines the dominance of US dollars, weak national security due to criminal activity and “undermin the stability of financial markets”.

Unregulated crypto They also subjected to investors “pricing and rigged markets” facilitates fraud, which “dries billions of dollars in diligent Americans and extracts property and investment from the American economy,” she said.

James made a series of recommendations and pushed the Congress for Legislation for which StableCoin would need to have American presence and regulatory supervision and term supported by Stablecoine with US dollars or treasuries.

It also wants the regulations to require platforms only with co-laundering entities, determine the registration requirements for issuers and intermediaries, protect against conflicts of interest and promote price transparency and require measures to prevent recurrence.

There is no cryptic funds in pension funds

The Top New York lawyer also broadcast concerned about the inclusion of crypto in pension funds.

“Digital property is uniquely inappropriate for retirement savings due to its high instability,” she said, claiming they did not value.

“The basic value of the cryptocurries is unpredictable and not determined by true prices because they do not have the internal value where their prices are based.”

James also called for pension funds investing in CRIPTO-tracking the stock exchange, stating that “unlike traditional stockholders supported by supplies and bonds, cryptocurrency held for the return of cryptocurrent ETFS in danger of permanent stealing”.

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“How Congress leads a cloak to propose legislation that regulates the cryptocurrency industry, we also take measures to mitigate the risks that industry to American national security, financial stability,” James said.

The call for the Regulation monitors the US Ministry of Justice reported disassembly its federal divisions for a certificate for criminal criminal criminal criminal criminal criminal criminal criminal criminal criminal criminal criminal criminal criminal criminal criminal criminal criminal criminal criminal criminal criminal criminal criminal criminal criminal criminal criminal criminal criminal criminal criminal criminal criminal criminal criminal criminal criminal criminal criminal criminal criminal criminal criminal criminal criminal crime.

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