<ul><li>The U.S. Consumer Financial Protection Bureau (CFPB) has requested public input on new rules to enhance consumer protection in cryptocurrency.</li><li>The proposed rules aim to extend protections under the Electronic Fund Transfer Act (EFTA) to digital payment mechanisms, specifically targeting stablecoins.</li><li>Industry pushback has been noted, particularly regarding the regulation of self-custody wallets, with concerns of potential overreach and infringement on constitutional rights.</li><li>Political and regulatory uncertainties, along with the potential for delays, may impact the implementation and enforcement of these rules.</li></ul>

US Consumer Financial Protection Bureau Seeks Input on New Crypto Protection Rules

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