US could apply e-banking laws to cryptocurrencies.

Global Banking News-October 9, 2023--US could apply e-banking laws to cryptocurrencies

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Global Banking News - 09 October 2023

Authorities in the US are considering using the Electronic Fund Transfer Act (EFTA) on cryptocurrencies.

The Consumer Financial Protection Bureau (CFPB) is considering the move to protect consumers from fraudulent crypto transfers. EFTA, a federal law, protects consumers from unauthorised...

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