🇺🇸 Cointelegraph reports: Rohit Chopra, Director of the U.S. Consumer Financial Protection Bureau (CFPB), is contemplating applying the Electronic Funds Transfer Act (EFTA) to private digital dollars and other cryptocurrencies. EFTA, a 1978 law, safeguards consumers in electronic fund transfers, including debit cards and ATMs. Chopra suggests that the U.S. Treasury's Financial Stability Oversight Board should deem certain crypto transfers as systemically significant payment activities. 📜 #bitcoinworld #usregulation #cryptolegislation