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Retrieved on: 2025-01-15 21:04:56
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Summary
The article discusses the Consumer Financial Protection Bureau's proposed rule to apply the Electronic Fund Transfer Act to digital assets like stablecoins, aiming to protect consumers from errors and fraud. However, questions about the Bureau's authority and the suitability of current regulations for digital currencies like Bitcoin are raised, referencing federal acts and recent court decisions. The tags highlight the intersection of Bitcoin with regulatory and legislative developments in the U.S., including the Dodd-Frank Act and evolving fintech legislation.
Article found on: www.jdsupra.com
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