FOX reporter Eleanor Terrett posted on social media, "New York Attorney General Letitia James sent a letter to Congressional leaders, House Speaker, and House Minority Leader urging them to pass a federal digital asset regulatory framework to mitigate the risks of fraud, criminal activity, and financial instability." She said the widespread adoption of bitcoin threatened the dominance of the US dollar and called for the localisation of stablecoins - that is, to promote their development within the US - to protect its dominance. James also opposed allowing digital assets to be included in retirement accounts. "