US regulator proposes making crypto wallets liable for hack-related losses

The US Consumer Financial Protection Bureau (CFPB) has proposed a rule to make wallet providers responsible for hacks resulting in crypto asset loss. In a notice published on January 10, the regulator suggested that the US Electronic Fund Transfer Act could also apply to digital currencies.  According to the agency, the rule will allow crypto […] source: https://www.cryptopolitan.com/us-regulator-proposes-crypto-wallets-liable/