United States of America: Consumer Financial Protection Bureau opened a consultation on proposed interpretive rule on the applicability of the Electronic Fund Transfer Act
Description
Consumer Financial Protection Bureau opened a consultation on proposed interpretive rule on the applicability of the Electronic Fund Transfer Act
On 10 January 2025, the Consumer Financial Protection Bureau (CFPB) opened a consultation on its proposed interpretative rule that clarifies the application of the Electronic Fund Transfer Act (EFTA) and associated Regulation E to emerging payment m…
Scope
Policy Area
Consumer protection
Policy Instrument
Quality of Service requirement
Regulated Economic Activity
digital payment provider (incl. cryptocurrencies)
Implementation Level
national
Government Branch
executive
Government Body
consumer protection authority