CFPB may require crypto firms to refund users for funds lost to hacks, enhancing security.

From Coin Telegraph

January 10, 2025 11:45:12 AM:

The CFPB is considering a rule that would grant crypto users protections similar to traditional bank account holders by redefining “funds.” This move could provide more security and stability for those using cryptocurrencies in the US.

Read more at Cointelegraph: CFPB proposes crypto firms refund users for funds lost to hacks