Consumer Financial Protection Bureau


Policy

U.S. Senate Expected to Vote on Erasing IRS's Crypto Broker Rule That Threatens DeFi: Source

Senate leaders are said to be queuing up votes to reverse two Biden-era regulations tied to digital assets: the IRS DeFi rule and a CFPB digital-payments rule.

U.S. Capitol Building (Jesse Hamilton/CoinDesk)

Policy

Trump Has Made His Major Decisions on His Crypto Regulation Team, Now Also OCC

With picks at the banking agency and consumer watchdog, the field of major nominees is mostly complete, showing a deep roster of finance and federal know-how.

President Donald Trump

News Analysis

2 More U.S. Regulatory Dominos May Have Fallen for Crypto: OCC and CFPB

FDIC Acting Chairman Travis Hill said the agency is overhauling its crypto approach, just as U.S. senators examine regulators keeping banks out of crypto.

Representative Maxine Waters and Senator Elizabeth Warren protest

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.

CoinDesk placeholder image

Policy

Deltec, Chainalysis, Robinhood and More Join Crypto Market Integrity Group

A total of 30 companies have joined the Crypto Market Integrity Coalition (CMIC) and signed its pledge to combat market manipulation.

Meerkat (Getty/Jerome Ang Chua)

Policy

Facebook, Square, PayPal and Others Told to Hand Over Payments Info to Consumer Finance Watchdog

The Consumer Financial Protection Bureau wants to see information about the payments products, plans and practices of Google, Amazon, Apple, Facebook, Square and PayPal.

Facebook

Markets

Complaints Against Crypto Exchanges Rise in US, and Coinbase Tops the List

The complaints stretch from June 2020 through this month and capture a time when the market was beginning to shake off bearish sentiment.

Coinbase Global Debuts Initial Public Offering At Nasdaq MarketSite

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

Trump Official Argues for 'Sweet Spot' in Crypto Regulation

The U.S. government needs to develop reasonable regulations around the nascent cryptocurrency space, said OMB director Mick Mulvaney.

mick8

Markets

CFPB Could Demand Consumer Protections for Digital Wallets

The Consumer Financial Protection Bureau (CFPB) has published a set of new proposals that could an impact cryptocurrency users.

mobile payment

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