Letitia James emphasizes that cryptocurrencies possess no intrinsic value and pose significant risks to retirement savings. She calls for legislation to prevent pension funds from investing in both digital assets and crypto ETFs, advocating for regulations to maintain financial market stability.
James recommends that stablecoin issuers maintain a US presence and be subject to regulatory oversight. She argues for standards that prevent fraud and ensure compliance with anti-money laundering protocols, aiming to protect investors from potential manipulation and market instability.
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