Tech Groups Challenge CFPB’s Overreach on Digital Wallet Regulation
Tech Groups Sue US Consumer Watchdog Over Digital Wallet Regulation On January 16, 2025, tech trade organizations TechNet and NetChoice filed a lawsuit against the Consumer Financial Protection Bureau (CFPB), challenging its decision to regulate digital wallets and payment applications with the same rigor as traditional banks. Implemented in December 2024, the rule targets giants […]
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