Antitrust Antitrust

US CFPB set to become more active in cryptocurrency, former official says

By Dave Perera
  • 06 Apr 2022 17:03
  • 13 Apr 2022 14:36
The US Consumer Financial Protection Bureau will become more active in cryptocurrency enforcement, a former official today predicted.

The bureau has traditionally viewed cryptocurrency as an investment outside of its jurisdiction, said Laurel Loomis Rimon.

That posture is no longer tenable, especially given President Joe Biden’s March executive order on cryptocurrency, Loomis Rimon said

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