Crypto-asset businesses, particularly those offering crypto lending, non-fungible tokens, or digital wallet/payments products — which are already facing intense scrutiny from the SEC, CFTC, U.S. Department of Justice and U.S. Department of the Treasury — should not neglect the need to prepare for CFPB and FTC scrutiny. This article explores this trend by the CFPB and FTC and offers ways for companies with potential CFPB and FTC exposure to proactively manage such regulatory risk.
Continue reading the full article, published by Law360 March 22. Reprinted with permission.