Crypto Faces New Regulatory Developments as OCC and CFPB Take Action
OCC’s new leadership signals easier banking access for crypto firms, while the CFPB’s power is fading. Regulatory changes…
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US consumer finance watchdog sued for treating digital wallets like banks
The new December ruling from the US Consumer Financial Protection Bureau impacts payment apps and digital wallets offered…
CFPB proposes crypto firms refund users for funds lost to hacks
A proposed CFPB rule could allow crypto users to have protections similar to those of US bank account…
CFPB leaves crypto wallets out of ‘Larger Participant’ rule
The agency highlighted consumer and industry comments in a 259-page report detailing the final draft of the „Larger…
CFPB Warns Against Scams in Crypto-Integrated Gaming Platforms
The integration of cryptocurrencies into gaming platforms has recently been brought into focus by the Consumer Financial Protection…
House Panel Divided on CFPB Crypto Rule Proposal
The House Financial Services Committee has engaged in a debate on Wednesday over a proposed rule by the…
Blockchain Association Rebuffs CFPB’s Proposal on Payment Apps and Digital Assets
In a detailed critique, the Blockchain Association counters the CFPB’s latest proposal to oversee digital consumer payment applications,…
U.S. Consumer Finance Watchdog Wants to Oversee Major Tech, Some Crypto Payments
A proposed rule would let the CFPB supervise nonbank payment providers and transactions between people, including some crypto…
CFPB Targets Tech with Crypto Asset Regulation
The Consumer Financial Protection Bureau (CFPB) has unveiled a proposal to expand its regulatory reach to include major…
US consumer watchdog mulls applying e-banking laws to crypto
The head of the U.S. financial consumer watchdog says it’s looking to issue guidance on how crypto could…