Tag: Rohit Chopra
CFPB Proposes New Rules to Regulate Non-Bank Digital Wallets and Apps
CFPB aims to regulate large non-bank digital wallet providers, enhancing consumer protections as Big Tech dominates the payments landscape.
CFPB Eyes Electronic Fund Transfer Act to Safeguard Consumers Against Crypto Fraud
CFPB director proposes applying EFTA to guard against crypto fraud, ensuring consumer safety in digital currency transactions.
CFPB Proposes EFTA to Shield Consumers from Crypto Fraud
The CFPB considers the EFTA to enhance consumer protection against crypto fraud amid rising digital currency hacks.
Senator Bill Hagerty Advocates for Cryptocurrency Innovation Amid Regulatory Concerns
Senator Bill Hagerty underscores the importance of cryptocurrency innovation while raising regulatory concerns in a banking committee hearing.
The Urgent Call for the Fed to Launch Real-Time Payments Amid Libra Concerns
Commissioner Chopra stresses the urgency for the Fed to implement the FedNow Service in response to the threats posed by Facebook’s Libra.
