New York Attorney General Letitia James has urged Congress to establish a comprehensive federal regulatory framework for cryptocurrencies, emphasizing the need to protect investors from fraud and scams. Her proposals include mandatory registration of crypto companies and minimum listing standards for tokens.
CROFAM SOCIAL NETWORK
The U.S. Securities and Exchange Commission (SEC) is contemplating revisions or potential elimination of stringent custody regulations introduced during the Biden administration. Acting SEC Chief, Mark Uyeda, highlighted that the broad scope of the existing rules has faced public criticism, prompting the agency to seek more cost-effective regulatory approaches within statutory limits.