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The Consumer Financial Protection Bureau (CFPB) proposed a new interpretive rule on Jan. 10 that could extend the Electronic Fund Transfer Act (EFTA) protections to crypto wallets, potentially holding them accountable in case of hacks. The proposed rule, currently open for commentary, clarifies how existing EFTA regulations apply to new payment systems, including stablecoins and […]
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Go here to Read this Fast! US regulator proposes rule to hold crypto wallets accountable in hacks
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US regulator proposes rule to hold crypto wallets accountable in hacks
