Senator Lummis advocates for the CFPB open banking rule, aiming to prevent banks from blocking crypto access and foster financial data sharing.
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CFPB Open Banking Rule: Sen. Lummis Urges Crucial Step to Empower Crypto Access

The intersection of traditional finance and the burgeoning world of cryptocurrency often faces friction. Therefore, a pivotal regulatory push is underway to ensure seamless interaction. Pro-cryptocurrency U.S. Senator Cynthia Lummis recently urged the Consumer Financial Protection Bureau (CFPB) to finalize its proposed open banking rule. This crucial step aims to prevent large banks from blocking […]