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The Consumer Financial Protection Bureau (CFPB) has finalized a landmark rule expanding its oversight to fintech payment apps but notably excluding self-hosted crypto wallets, according to a Nov. 21 announcement. Blockchain advocates have hailed this decision as a win for DeFi. The finalized rule targets large nonbank payment platforms processing over 50 million annual US dollar […]
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CFPB spares self-hosted crypto wallets from new fintech regulations
