Crypto

What To Expect From CFPB’s Entry Into Cryptocurrency Arena – Law360

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By Kyle Tayman, Andrew Kim and Collin Grier (June 6, 2022, 4:49 PM EDT) — It’s no secret that cryptocurrency has attracted the eye of an alphabet soup of state and federal regulators and enforcement companies — together with the U.S. Securities and Trade Fee, U.S. Commodity Futures Buying and selling Fee, U.S. Division of Justice, Monetary Crimes Enforcement Community and IRS.

Now not simply the darling of hardcore programmers, crypto may be very a lot within the American mainstream.

Whereas it’s now popularized as an funding automobile by the likes of celeb endorsers galore, thereby growing regulatory scrutiny, it holds the potential to play a good greater and extra ubiquitous function within the trendy U.S. financial system, particularly in…

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