Ripple and XRP Named As Potential Payments Game Changers by US Consumer Financial Protection Bureau - 1 minute read
Ripple and XRP Named As Potential Payments Game Changers by US Consumer Financial Protection Bureau
Check out the video here: https://www.youtube.com/watch?v=LlQWmPXN92w
The US Consumer Financial Protection Bureau just released a final rule that implements a number of consumer remittance protections outlined in the Electronic Fund Transfer Act.
The rule is designed to protect US citizens who send international remittances by ensuring they know the cost of the transfer, the exchange rate, the amount the recipient will receive, and when the payment will be completed.
Here is the link to the video about this topic. Enjoy! https://www.youtube.com/watch?v=LlQWmPXN92w