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Wire · regulatory

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

14 September 2026 · By · Wire by Fusion42

Published

14 September 2026

Topic

regulatory

◆ Sectors

Fintech

◆ Geography

United States

◆ Source

Read at ag.ny.gov →

◆ Verified

Fusion42 · 14 September 2026 · Fusion42 review

New York Attorney General Letitia James and a coalition of 17 attorneys general oppose the Digital Asset Market Clarity Act, warning it would limit states' ability to protect investors from cryptocurrency fraud by allowing the SEC to preempt state registration authorities and enforcement.

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

◆ ◆ The Wire takeaway

You face a federal push that could strip states like New York of crypto enforcement power, opening the door for scams to flourish. Act now to adapt your compliance and investor trust strategies for a more SEC-centric landscape.

◆ Coverage

2 sources · 14 Sep 2026

◆ Related on Wire

◆ Topics

Fintechcrypto-regulationstate-vs-federalinvestor-protectionsec-preemptionattorney-general