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Bitcoin.com 2024-01-09 20:00:42

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, citing legal and jurisdictional overreaches in the bureau’s approach to cryptocurrencies and digital assets. CFPB Faces Criticism from Blockchain Association Over New Proposal In November 2023, the Consumer Financial Protection Bureau (CFPB) proposed a new rule aimed

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