18 State AGs Push Back on CLARITY Act Ahead of Key Senate Vote New York Attorney General Letitia James led a bipartisan coalition of 17 oth…
18 State AGs Push Back on CLARITY Act Ahead of Key Senate Vote
New York Attorney General Letitia James led a bipartisan coalition of 17 other state attorneys general urging Congress to oppose the current version of the CLARITY Act ahead of Tuesday’s key procedural vote. The coalition argues that the bill could weaken state-level authority to pursue crypto fraud and investor-protection cases, while expanding the SEC’s ability to preempt state registration regimes. The group is calling on Congress to preserve states’ existing enforcement and registration powers over digital assets.