Federal watchdog aims to extend bank-like protections to in-game currencies

The federal consumer watchdog agency, the Consumer Financial Protection Bureau (CFPB), has proposed a new rule that could fundamentally change how virtual video game currencies are regulated. On Friday, the CFPB announced its intent to extend protections similar to those applied to real-world bank accounts to in-game currencies, acknowledging the...Read Entire Article

Jan 12, 2025 - 08:00
 0  4
Federal watchdog aims to extend bank-like protections to in-game currencies

The federal consumer watchdog agency, the Consumer Financial Protection Bureau (CFPB), has proposed a new rule that could fundamentally change how virtual video game currencies are regulated. On Friday, the CFPB announced its intent to extend protections similar to those applied to real-world bank accounts to in-game currencies, acknowledging the...

Read Entire Article