Troutman Pepper Weekly Consumer Financial Services Newsletter
Troutman Sanders
DECEMBER 19, 2023
Under this order, the company will cease operations and pay a $95,000 penalty to the CFPB’s victims relief fund. On December 14, the Bank of International Settlements (BIS) issued a consultive whitepaper, drafted by the Basel Committee, to amend certain digital asset standards related to stablecoins. For more information, click here.
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