18 U.S. Attorneys General Urge Senate to Reject CLARITY Act
Eighteen state attorneys general, including New York Attorney General Letitia James, have urged Congress to reject the CLARITY Act ahead of a crucial procedural vote scheduled for May 15.
According to The Block, James and 17 other attorneys general sent a letter to Congress on April 14 expressing opposition to the legislation. James stated that if passed as written, the CLARITY Act could empower fraudsters while stripping state attorneys general of their authority to protect investors and their assets.
She added that she and her colleagues are urging Congress not to advance the bill through its upcoming procedural vote on May 15.
Korean Source
This article is an English localization of a Korean-language crypto news report. Original headline: 美 뉴욕주 법무장관 등 18명, 클래리티 법안 반대 촉구…"투자자 보호 약화"