Crypto Wallet Makers Metamask, Phantom May Be Liable for Lost User Funds

Jan 11, 2025

A proposed rule by the Consumer Financial Protection Bureau aims to regulate digital asset wallets as financial institutions, holding them accountable for fraudulent transactions. The rule, subject to public comment, is met with criticism from crypto policy leaders.

This article is for informational purposes only. It is not offered or intended to be used as investment or other advice.

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