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States call on Congress to preserve ability to protect investors from crypto scams | MLex

States call on Congress to preserve ability to protect investors from crypto scams | MLex

( September 14, 2026, 19:29 GMT | Official Statement) — MLex Summary: New York Attorney General Letitia James led a bipartisan coalition of 17 other attorneys general in opposing the Digital Asset Market Clarity Act (Clarity Act), according to a statement. In a letter sent to Senators Tim Scott and Elizabeth Warren, the AGs warn that the Clarity Act would jeopardize their ability to protect investors from rampant digital cryptocurrency fraud and scams. They caution that as written, the Clarity Act would prevent states from serving as the first line of defense against the escalating epidemic of cryptocurrency fraud.Statement follows in full. Also see attached file. …

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