Attorney General James Proposes Nation-Leading Regulations on Cryptocurrency Industry
“NY StateWide Senior Action Council applauds Attorney General Letitia James’ proposed legislation to Establish Digital Asset Safety & Transparency,” said Maria Alvarez, Executive Director of NY StateWide Senior Action Council. “While cryptocurrency is a relatively new field in the financial sector, we must ensure that innovations always occur on an equal footing as consumer protections. As we have seen in recent events, people have lost their life and retirement savings as a result of not having strong regulations in place. Attorney General James’ foresight will safeguard the future of many New Yorkers.”