Several key financial regulators in the U.S. cited issues with cryptocurrency firms and called for stricter licensing at a Friday meeting of the Financial Stability Oversight Council, a committee of U...
Tag: Rohit Chopra
CFPB not planning crypto crackdown, says Bureau Director Chopra
The Consumer Financial Protection Bureau is not planning an immediate crypto crackdown, its director said today, while choosing his words carefully. “Crypto is not a product. Certain electronic ...
Washington is too obsessed with cryptocurrencies, CFPB director says
Consumer Financial Protection Bureau Director Rohit Chopra sees stablecoins as a rapid growth area that regulators will need to monitor for risks to the rest of the financial system. “A stableco...
The Warren-Biden Bank Heist – WSJ
Elizabeth Warren finally got her woman—that is, the Senator and her many acolytes in the Biden Administration have succeeded in ousting Jelena McWilliams as chair of the Federal Deposit Insurance Corp...