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Bitcoinist 2023-05-05 19:30:28

NY Attorney Proposes Stricter Regulation For Crypto Firms Citing ‘Rampant Fraud’

New York Attorney General Letitia James has proposed a new state law to tighten rules over cryptocurrency companies, citing “rampant fraud and dysfunction” in the industry. This is the latest move by James, who has been targeting the crypto industry with lawsuits over the past few months. The proposed regulations include requiring independent public audits

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