The U.S. Consumer Financial Protection Bureau (CFPB) is working on new regulations to enhance consumer protection in cryptocurrency transactions. The agency has requested public input on how the Electronic Fund Transfer Act (EFTA) could apply to digital payment methods like stablecoins.
A publicly traded artificial intelligence company, Genius Group, has acquired an additional $5 million worth of Bitcoin.
Meta’s shareholders are urging the company to make better use of its $72 billion cash reserve, suggesting an evaluation of whether adding Bitcoin to the reserve would be beneficial.
At the time of writing, Bitcoin (BTC) is trading at $94,039, and Ethereum (ETH) is at $3,213.
The Fear and Greed Index stands at a neutral level of "47."
Key developments to watch today:
