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CoinGape 2023-11-07 21:35:59

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 non-bank digital wallet and app providers. This move aligns with the agency’s increased focus on sectors such as consumer reporting and automobile financing. Hence, companies handling over 5 million transactions annually could soon be under closer scrutiny. The post CFPB Targets Tech with Crypto Asset Regulation appeared first on CoinGape .

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