[Manhattan District Attorney Urges Lawmakers to Strengthen Cryptocurrency Regulatory Enforcement Tools] According to Golden Finance, Manhattan District Attorney Alvin Bragg has urged New York State lawmakers to intensify enforcement efforts in the cryptocurrency sector, warning that cryptocurrencies have now become significant tools for money laundering and organized crime. He called for the implementation of a mandatory licensing system, enforcement of customer identity verification rules, and criminal penalties for unlicensed cryptocurrency companies, while pointing out flaws in current laws that limit prosecutors' enforcement authority. Experts suggest that stricter regulatory rules may help curb large-scale fraud, but the effectiveness of policies will depend on the technical capabilities of enforcement agencies and the clarity of relevant legal provisions.