Crypto's Unregulated DeFi Boom Raises Shadow Banking Comparisons

Unless regulators provide stronger oversight of the cryptocurrency world, the risk to the broader financial system will grow.

By Olga Kharif | March 17, 2022 at 04:22 PM

Bitcoin inside of a bubble with a question mark.

Many of the negative hallmarks of shadow banking — such as the excessive leverage and opacity that precipitated the 2008 global financial crisis — have already seeped into the world of decentralized finance.

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Carrie Hunt Says Regulators Are Challenging the CU Business Model

By Michael Ogden | May 17, 2024

Hunt, with America's Credit Unions, states credit unions are being stressed under CFPB and NCUA regulations.

Carrie Hunt Says Regulators Are Challenging the CU Business Model

Chopra: CFPB 'Firing on All Cylinders'

By Jim DuPlessis | May 17, 2024

The director promises to hire more investigators, resume delayed enforcement actions and fight against "junk fees".

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By Jim DuPlessis | May 16, 2024

In 7-2 ruling, justices dismiss arguments of payday lenders and CUs that the funding mechanism is unconstitutional.

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