Odaily Planet Daily News: The U.S. Consumer Financial Protection Bureau (CFPB) has proposed subjecting digital wallets to the same protection standards as bank accounts, requiring service providers to compensate customers when hackers or unauthorized transactions result in the loss of customer funds. The CFPB plans to expand the scope of the (Electronic Funds Transfer Act) to include stablecoins and other digital assets, emphasizing that "any assets used like currency" will be protected. The CFPB hopes to strengthen consumer protection through this rule while setting higher compliance standards for the cryptocurrency industry. This rule change may have a significant impact on U.S. companies that hold customer crypto assets, such as exchanges and custodians, because these companies need to maintain sufficient reserves to cope with potential losses. At this stage, the CFPB is soliciting industry opinions and will decide whether to issue the final rule after March 31. (Financial Times)