CFPB leaves crypto wallets out of ‘Larger Participant’ rule
The Labour government is reportedly readying crypto, stablecoin and crypto asset regulations as Europe pulls ahead and the US changes its crypto policies.
The crypto industry’s recent legal wins include the CFPB excluding crypto wallets from oversight and Gary Gensler’s planned resignation.
Gensler will step down as SEC Chair and depart from the agency entirely on Jan. 20, 2025, when President-elect Donald Trump starts his presidential term.
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