#BTCRebound
New York Attorney General Letitia James urged the U.S. Congress to enact a strict regulatory framework for digital currencies, warning of the spread of fraud and investor losses in the absence of federal oversight.
The call coincided with movements in Congress to pass the first law regulating stablecoins, amidst increasing support from the Trump administration, which is seeking to expedite the passage of legislation before August.
In contrast, Cardano founder Charles Hoskinson predicted that the price of Bitcoin could reach $250,000 within a year, driven by the adoption of major tech companies and pending legislation that could reshape the entire cryptocurrency landscape.
