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U.S. Consumer Financial Protection Bureau Think Ripple And XRP Have Potential To Increase Transparency In Remittance Industry


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The United States Consumer Financial Protection Bureau (CFPB), an agency of the United States government responsible for consumer protection in the financial sector, paid attention to Ripple. In a publication with the title “Remittance Transfers under the Electronic Fund Transfer Act (Regulation E),” the Authority states that it has been monitoring the market for remittance transfers for quite some time.


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