Consumer Financial Protection Bureau

US banks oppose digital asset inclusion in digital payments supervision
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12 January, 2024

US banks oppose digital asset inclusion in digital payments supervision

A U.S. consumer protection bureau proposed increased oversight for non-bank financial firms, but American banks say that including digital assets...
US watchdog mulls applying consumer protection provisions to digital assets
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10 October, 2023

US watchdog mulls applying consumer protection provisions to digital assets

The Consumer Financial Protection Bureau, a government agency responsible for consumer protection in the financial sector, looks to apply the...
Jack Dorsey’s Block ‘facilitates fraud, misleads investors’—Hindenburg report
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24 March, 2023

Jack Dorsey’s Block ‘facilitates fraud, misleads investors’—Hindenburg report

On March 23, Hindenburg Research issued a lengthy report on how "inflated user metrics and 'frictionless' fraud facilitation enabled [Block]...
From hacks to romance scams: US consumer protection agency sees ‘crypto’ complaints surge
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14 November, 2022

From hacks to romance scams: US consumer protection agency sees ‘crypto’ complaints surge

Between October 2018 and September 2022, the CFPB received more than 8,300 virtual currency complaints, “the majority in the last...
CFPB establishes new unit to promote fairness in financial services industry
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30 May, 2022

CFPB establishes new unit to promote fairness in financial services industry

The Office of Competition and Innovation, as the new unit is called in the CFPB announcement, will be tasked with...
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