🚀DeFi & Web 3 fans, buckle up! The U.S. Consumer Financial Protection Bureau (CFPB) is eyeing nonbank payment providers, and guess what? Some crypto transactions are included! 🤯

The proposal aims to monitor "general-use digital consumer payment apps" (think Venmo & Cash App) and ensure they play by the same rules as traditional financial institutions. 🏦

But don't panic! The rule doesn't cover buying, selling, or converting cryptocurrencies. It's more about keeping an eye on emerging risks as new products blur banking & commerce lines. 🕵️‍♂️

So, what do you think? Will this move bring more trust to the crypto world? Share your thoughts in the comments! 🗣️ And remember, stay optimistic! 🌈