New York Attorney General Letitia James warns that Bitcoin could undermine the U.S. Dollar’s global dominance and urges Congress to regulate stablecoin issuers.
She expresses concern that offshore stablecoin issuers might falsify financial records, potentially harming the U.S. Financial system.
Market analysts believe Bitcoin’s rise is inevitable unless U.S. Fiscal policies change, especially with the current tariff wars potentially increasing Bitcoin’s appeal.
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