Court upholds California’s crypto kiosk transaction limit
The Superior Court for the State of California dismissed a lawsuit challenging the California Digital Financial Asset Law’s (DFAL) $1,000 daily transaction limit.
California AG settles with crypto company
According to the settlement, the company failed to allow customers to withdraw cryptocurrency from accounts and failed to disclose certain aspects of its trading and order handling procedures.
NYC issues new rules for debt collectors
Per a Notice of Adoption from the Department of Consumer and Worker Protection, the changes aim to enhance consumer protections and align with federal regulations and industry practices.
CFPB’s Chopra speaks on mortgages and interest rates
The CFPB director delivered remarks at the National Housing Conference on how a decrease in interest rates could impact mortgage refinancing.
New Hampshire enacts new money transmission law
The new law adopts elements of the Money Transmission Modernization Act (MTMA) which aims to harmonize nationwide money transmitter standards and requirements.