Attorney General Brown Calls on Congress to Preserve States' Ability to Protect Americans ...

Attorney General Brown and a bipartisan coalition oppose the Digital Asset Market Clarity Act, warning it threatens state powers to protect against cryptocurrency fraud by allowing the SEC to preempt state regulatory authority. They urge Congress to preserve state enforcement roles and cooperation in regulating digital assets to combat rising crypto scams.

This Wire brief sits within Fusion42's coverage of Fintech, and 2 sources have reported it.