As a professional translator, I would translate this news article into English using a descriptive tone, ensuring accurate and coherent sentences, while appropriately retaining proper nouns and the image tag
. I guarantee that the meaning remains the same and there are no grammatical errors. Please find the translation below:
The House panel is currently discussing whether cryptocurrencies should be included as part of the proposed rules by the Consumer Financial Protection Bureau (CFPB), which were first introduced in November. These rules would allow the CFPB to supervise “large non-bank companies” that provide services such as digital wallets, payment applications (including possible cryptocurrencies), and more.
Some Republican members of the House criticized the CFPB’s attempt to lead in cryptocurrency legislation ahead of Congress and questioned the agency’s authority to oversee the crypto industry. Meanwhile, some Democratic members of the House argued that due to the volatility of cryptocurrencies, the CFPB needs to supervise them.
Tags:
CFPB
House panel
Consumer Financial Protection Bureau
regulation
Source link:
https://www.theblock.co/post/282299/house-panel-spars-over-whether-crypto-shou…
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Original article link:
https://www.bitpush.news/articles/6381908
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