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Classifying Digital Wallets as Banks: US Consumer Finance Watchdog Hit with Lawsuit

2025-01-17MSN
Classifying Digital Wallets as Banks: US Consumer Finance Watchdog Hit with Lawsuit

In a move that could impact the fintech industry, technology trade groups TechNet and NetChoice have filed a lawsuit challenging the Consumer Financial Protection Bureau's (CFPB) regulatory approach to digital wallets, arguing that classifying them a ...Read more

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