# California regulator investigating crypto interest accounts

# California regulator investigating crypto interest accounts

” California regulator investigating crypto interest accounts “ The California Department of Financial Protection and Innovation (DFPI) has warned consumers to “exercise extreme caution” when dealing with interest-bearing crypto-asset accounts. The DFPI stated that it is investigating multiple crypto interest account providers to determine whether they are “violating laws under the Department’s jurisdiction.” In a…

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# Bipartisan bill to give CFTC authority over exchanges and stablecoins

# Bipartisan bill to give CFTC authority over exchanges and stablecoins

” Bipartisan bill to give CFTC authority over exchanges and stablecoins “ A bipartisan group of lawmakers in D.C. introduced an updated bill on April 28 to regulate cryptocurrency developers, dealers, exchanges, and stablecoin providers, bringing them under the regulatory control of the United States Commodity Futures Trading Commission (CFTC). The Digital Commodity Exchange Act…

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