U.S. Consumer Finance Watchdog Wants to Oversee Major Tech, Some Crypto Payments

U.S. Consumer Finance Watchdog Wants to Oversee Major Tech, Some Crypto Payments

U.S. Consumer Finance Watchdog Wants to Oversee Major Tech, Some Crypto Payments PlatoBlockchain Data Intelligence. Vertical Search. Ai.

The document went on to list different components for how it defines consumer payment applications, including where the consumer is located (in the U.S.), that there is indeed a payment happening, that it’s to someone who is not the first consumer and that the transactions “must be primarily for personal, family or household purposes.”

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