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N.Y. AG announces ‘nation-leading’ crypto regulation
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Emerging Technology, Government Oversight, Nonbank Financial
Tuesday, May 16, 2023
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New York Attorney General Letitia James announced “nation-leading” regulations on the cryptocurrency industry which aims to protect investors, consumers, and the broader economy. The Crypto Regulation, Protection, Transparency, and Oversight (CRPTO) Act was proposed to the New York State Assembly and State Senate by James’ office in collaboration with New York Department of Financial Services.
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