US Consumer Protection Agency Issues Warning on Payment Apps Following Collapses of Crypto Firms, Banks
The US Consumer Financial Protection Bureau issued a warning on Thursday for people using person-to-person services to store funds, reminding them that they are not federally insured, in the wake of FTX and multiple bank...
Transaction volumes on payment apps have “substantially increased,” the CFPB said in the report.
The collapse of crypto exchange FTX and crypto lender Voyager Digital led to consumers losing hundreds of millions of dollars, the CFPB said. ...
Read More: US Consumer Protection Agency Issues Warning on Payment Apps Following Collapses of Crypto Firms, Banks
Original source
Read on CryptonewsRelated market context
The future of vaults: neobanks and invisible DeFi
The following is a guest post and opinion from Vincent Maliepaard, VP of Marketing at Sentora. On January 26, 2026, Kraken launche...
Banks are buying Bitcoin vaults, but a quantum problem may be waiting inside
The banks are finally buying the vaults. In May, BNY, the world's largest custodian with $59.4 trillion in assets under custody an...
SEC targets 20-year-old rule standing between Wall Street and blockchain trading
The Securities and Exchange Commission (SEC) is moving to dismantle a stock-trading rule that has governed Wall Street for two dec...
Japan Three Biggest Banks Unite to Launch Yen Crypto Stablecoin by March 2027
MUFG Bank, Mizuho Bank, and Sumitomo Mitsui Banking Corporation have established a formal joint council to develop and co-issue a...
Kraken named to FXC Intelligence’s 2026 Cross-Border Payments 100
TL;DR Payward and Kraken have been named to FXC Intelligence’s 2026 Cross-Border Payments 100, the eighth annual market list of th...
Abu Dhabi airports to accept Bitcoin and crypto payments through new fintech partnership
The integration of crypto payments at Abu Dhabi airports signals a strategic shift towards mainstream digital currency adoption in...