<ul><li>New York Attorney General Letitia James has issued a warning to US congressional leaders about the impact of cryptocurrencies on the position of the US dollar.</li><li>She called for stronger federal regulations to protect investors from fraud and criminal use in the cryptocurrency market.</li><li>James emphasized the need for a federal regulatory system for digital currencies, stating that without regulation, cryptocurrencies like Bitcoin present a threat to the dominance of the dollar.</li><li>She urged lawmakers to establish regulations for stablecoins, highlighted the need for investor protection measures, and cautioned against including digital assets in retirement funds.</li></ul>

Bitcoin’s Impact Alarming, Says NY Atty. General—Congress Needs To Act

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