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CFPB Seeks Input on Digital Payment Privacy and Consumer Protections

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The regulation of digital assets, including cryptocurrencies and video game payment mechanisms, has long been a gray area. Regulatory agencies have struggled to define the extent of their jurisdiction over these rapidly evolving markets. On January 10, 2025, the CFPB announced a proposed rule aiming to bring digital currencies, stablecoins, and other emerging payment mechanisms under the umbrella of existing consumer protection laws….
By: Arnall Golden Gregory LLP
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