United States: CFPB Warns Of Dangers Related To Nonbanks Managing Payments And Issuing Stablecoins Outside Of The Banking System - Cadwalader, Wickersham & Taft LLP

On October 6, 2023, Rohit Chopra, the Director of the Consumer Financial Protection Bureau ("CFPB"), gave a speech at the Brookings Institute's "Payments in a Digital Century" event.