CFPB


Videos

What a New U.S. Consumer Watchdog Proposal Could Mean for Crypto Payments

CoinDesk Managing Editor of Global Policy and Regulation Nikhilesh De explains what a new proposal published by the U.S. Consumer Financial Protection Bureau (CFPB) could mean for large nonbank payment providers, like PayPal or Jack Dorsey's Block. Plus, whether the proposed rule could impact bitcoin and other types of cryptocurrencies.

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Videos

How Companies Like PayPal, Jack Dorsey's Block Could Be Impacted by CFPB Plan

The U.S. Consumer Financial Protection Bureau (CFPB) wants to expand its oversight to cover nonbank payment providers and some subsectors of crypto transactions. While the proposal doesn't explicitly name these companies, footnotes reference Venmo (owned by PayPal) and Cash App (owned by Block) as examples of person-to-person payment apps that a majority of Americans have used. CoinDesk managing editor of global policy and regulation Nikhilesh De weighs in.

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Policy

U.S. Consumer Finance Watchdog Wants to Oversee Major Tech, Some Crypto Payments

A proposed rule would let the CFPB supervise nonbank payment providers and transactions between people, including some crypto transactions.

CFPB office in Washington, D.C. (Nikhilesh De/CoinDesk)

Videos

Former CFPB Director on How Regulatory Action Against Coinbase, Binance Impacts Consumers

The U.S. Securities and Exchange Commission (SEC) sued Coinbase Tuesday on allegations of violating federal securities law, a day after a similar suit against Binance. But what does this mean for crypto exchanges in the U.S.? Kathy Kraninger, Vice President of Regulatory Affairs at crypto market integrity platform Solidus Labs, and former Director of the Consumer Financial Protection Bureau, discusses the impact of the SEC's recent charges and the implications for the crypto regulatory landscape in the United States.

Recent Videos

Markets

The CFP Board’s Latest Report on Crypto Sets High Standards for Advisors

Decisions to recommend bitcoin should depend on an advisor's crypto competency and a client’s personal/financial circumstances, the CFP Board’s notice rightly says.

(Pollyana Ventura/GettyImages)

Policy

Biden's Executive Order on Crypto Receives Bipartisan Praise

The White House unveiled a "whole-of-government" approach to digital assets earlier this week, the president's press secretary said.

Reps. Patrick McHenry (left) and Maxine Waters (Andrew Harrer/Bloomberg via Getty Images)

Policy

Solidus Hires Ex-Head of CFPB to Be Top Regulatory Official

The addition of Kathy Kraninger is the latest hiring of a former Trump official by a cryptocurrency company.

Ex-CFPB director Kathy Kraninger will become Solidus Labs' head of regulatory affairs.

Policy

Gensler Straddles Innovation and Enforcement at Senate Hearing

Gary Gensler was careful to strike a balance between emphasizing regulating suspicious behavior as well as encouraging new innovations.

The Senate Banking Committee held a hearing to consider Gary Gensler's nomination to run the SEC on Tuesday.

Markets

US Consumer Finance Watchdog Opens Regulatory Sandbox to Blockchain

The CFPB is launching a regulatory sandbox to encourage innovation in new tech such as blockchain, acting head Mick Mulvaney announced Wednesday.

(photoiva/Shutterstock)

Markets

Amid Crypto Bear Market, Attention Turns to Small-Time Investors

When it came to crypto, the focus was on retail investors – not only on protecting them but also on giving them a chance – during CB Insights' event.

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