The Attorney General of New York State sends a letter to senior members of Congress urging the promotion of a regulatory framework for digital assets
BlockBeats News: On April 11th, FOX reporter Eleanor Terrett posted on social media that "New York State Attorney General Letitia James has sent a letter to congressional leaders, House Speaker, and House Minority Leader urging them to pass a federal digital asset regulatory framework to mitigate the risks of fraud, criminal activity, and financial instability. She stated that the widespread adoption of Bitcoin threatens the dominant position of the US dollar and called for the "localization" of stablecoins (i.e. promoting their development within the United States) to protect the dominant position of the US dollar. James also opposes allowing the inclusion of digital assets in retirement accounts