Internet reports that U.S. Deputy Attorney General Lisa Monaco recently emphasized that priority will be given to combating illegal activities using cryptocurrencies, especially the use of privacy protection tools. In contrast, New York Attorney General Letitia James advocates stricter regulation of cryptocurrencies. Monaco believes that the Ministry of Justice's existing legal tools are sufficient to deal with relevant issues and no additional legislation is needed. This stance contrasts with the push by some state officials for stricter regulations and highlights the differences between federal and state governments over cryptocurrency regulation.