New York is the world financial capital market. It is the center of financial services. And. And I want to make sure that cryptocurrency and digital asset participants can thrive in the United States. I don't want to see those assets and those businesses go abroad because we just don't have reliable regulation here. If we write good regulation, if we write good laws, then companies will locate here, our consumers will be protected, and New York can maintain its leadership as the center of the world financial markets. (05:55–06:03)
CLAIM
Asserts that lack of reliable regulation could drive crypto businesses abroad.
This is an excerpt from a raw transcript. The assertions have not been audited or verified. Tap the video to view the source footage and understand the context.
