US client watchdog mulls making use of e-banking legal guidelines to crypto

The highest United States company for client monetary safety is contemplating making use of the Digital Fund Switch Act (EFTA) to crypto, in an try to guard customers from fraudulent crypto transfers.

Talking at an Oct. 6 funds convention by the Brookings Establishment suppose tank, Client Monetary Safety Bureau (CFPB) director Rohit Chopra stated his company is taking a look at making use of the EFTA to “personal digital {dollars} and different digital currencies.”

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