Tag: Open Banking
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Open Banking Revolution: Lummis Says It’s a Big Day for Crypto
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Senator Cynthia Lummis declared it a “big day in Washington for digital asset market structure” as the Consumer Financial Protection Bureau (CFPB) moved to finalise open banking rules under Section 1033 of the Dodd-Frank Act. The Wyoming Senator, a leading voice for crypto regulation, praised the rule for empowering consumers, driving innovation and supporting financial…