ConsenSys News: ConsenSys Opposes CFPB’s Unhosted Wallet Rule

ConsenSys Unicorn News - March 21, 2025

ConsenSys, a prominent Ethereum software firm, has voiced strong opposition to the Consumer Financial Protection Bureau's proposed regulation of unhosted blockchain wallets. The firm argues that the rule could harm U.S. blockchain developers and calls for its withdrawal or revision. This highlights the ongoing debate between innovation and regulation in the crypto industry.

Sources
https://decrypt.co/311062/consensys-letter-challenges-cfpbs-rule-on-regulating-unhosted-wallets

Outline
(00:00:00) Introduction
(00:00:28) ConsenSys Challenges CFPB's Rule on Unhosted Wallets

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