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February 3, 2025
|3 min read
CFPB Proposes to Bring Virtual Currencies Under Reg E
On January 10, the CFPB proposed a new rule that would expand key definitions within the Electronic Funds Transfer Act (EFTA) to capture certain virtual currency products. If finalized, the rule would require many businesses to adjust their practices to provide the consumer protections that EFTA and Reg E demand.
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The Reg E Reader features insights from Winston & Strawn’s multidisciplinary Financial Services Group on legal and enforcement developments on all things Regulation E. The blog provides guidance and best practices to those who must remain compliant with the complex, evolving requirements of the regulation.
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