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