Search results for Letitia James
Crypto
New York attorney general warns CLARITY Act could weaken state crypto enforcement powers
New York Attorney General Letitia James (레티샤 제임스) raised strong concerns that a crypto market-structure bill being discussed in the U.S. Congress could weaken state oversight and enforcement powers. In written testimony submitted to a Senate panel, she said the Digital Asset Market CLARITY Act could effectively neutralise state regulation and concentrate authority in the Commodity Futures Trading Commission. She urged keeping state powers for fraud investigations and consumer protection, citing rising complaints and reported losses of about $500 million.
Crypto
U.S. Senate Republicans move CLARITY Act to floor, with 60 votes biggest hurdle
U.S. Senate Republicans are moving quickly to bring the cryptocurrency market structure bill known as the CLARITY Act to the Senate floor as early as this week, but securing the 60 votes needed for final passage remains the biggest obstacle. The next step hinges on whether Majority Leader John Thune will initiate cloture. Democrats have raised concerns about ethics rules and DeFi, while Republican unity is not assured.
Crypto
Trump says prediction markets fall under CFTC jurisdiction, vows to defend U.S. crypto capital status
U.S. President Donald Trump publicly backed maintaining the Commodity Futures Trading Commission\'s exclusive authority to regulate prediction markets, calling such oversight essential. He also reiterated a stance of protecting the crypto industry, describing the United States as the global capital of cryptocurrencies including bitcoin. The comments come as disputes between federal and state authorities over prediction markets have escalated into lawsuits, with states arguing sports-related betting should be governed by state gambling laws.
