Trump’s CFPB Cuts Raise Concerns About Crypto User Protection

The recent departure of a high-ranking US consumer protection regulator, coupled with reports of weakened enforcement actions by the Consumer Financial Protection Bureau (CFPB), has sparked concerns about crypto users being left vulnerable. This follows President Donald Trump’s administration’s efforts to streamline the CFPB, which some industry members see as a positive change for innovation while others believe it could negatively impact consumer protection. ]