Publication
CFPB takes steps to regulate “Buy Now, Pay Later” providers
On May 22, 2024, the CFPB issued an interpretive rule that imposes some of the same rules on BNPL providers that apply to conventional credit card providers.
Robert A. Schwinger explains how some states have begun to consider whether legal ethics rules impose any restrictions or limitations on attorneys’ ability to take payment in the form of cryptocurrency, or to hold such assets in escrow or trust.
Robert A. Schwinger explores recent developments in this edition of his New York Law Journal Blockchain Law column.
Read the entire article, Lawyers accepting virtual currency: New money, old rules.
Publication
On May 22, 2024, the CFPB issued an interpretive rule that imposes some of the same rules on BNPL providers that apply to conventional credit card providers.
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