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Latest News and Articles about CFPB

Tech Groups Challenge CFPB’s Overreach on Digital Wallet Regulation

Tech Groups Sue US Consumer Watchdog Over Digital Wallet Regulation On January 16, 2025, tech trade organizations TechNet and NetChoice filed a lawsuit against the Consumer Financial Protection Bureau (CFPB), challenging its decision to regulate digital wallets and payment applications with the same rigor as traditional banks. Implemented in December 2024, the rule targets giants […]

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CFPB Proposes New Crypto and Digital Payment Protections Amid Trump’s Pro-Bitcoin Presidency

CFPB Proposes New Measures to Safeguard Consumers in Crypto and Digital Payments The Consumer Financial Protection Bureau (CFPB) is taking action to protect consumers in the realms of cryptocurrency and digital payments. With two new proposals aimed at curbing data surveillance and extending fraud protections, the CFPB is stepping up at a pivotal moment. However, […]

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