Americans for Financial Reform
WASHINGTON, DC - FEBRUARY 10: Demonstrators hold up signs as Congressional Democrats and CFPB workers hold a rally to protest the closing of the Consumer Financial Protection Bureau (CFPB) and the work-from-home order issued by CFPB Director Russell Vought outside its headquarters on February 10, 2025 in Washington, DC. (Photo by Jemal Countess/Getty Images for MoveOn)

Crypto & Fintech

The crypto industry is demanding massive and dangerous exemptions from investor protections, financial stability, and transparency rules, creating dangerous risks.

We are fighting back to stop them from buying carve outs for industry insiders at the public’s expense.

Updates

  • Press Release: Nearly 200 Groups Oppose Current Slate of Crypto Legislation

    Press Release: Nearly 200 Groups Oppose Current Slate of Crypto Legislation

    Today, a coalition of 192 national and state civil rights, labor, community, consumer, environmental, faith-based, and other organizations sent a letter urging the Senate to oppose the passage of any crypto market structure legislation that fails to address the systemic failures of the crypto industry that can harm investors, financial stability, and the economic security…

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AFR in the News

  • Blockonomi: Senate Crypto Market Structure Bill Hits Roadblock as Consumer Groups and Unions Team Up

    Nearly 200 groups have signed a letter expressing concern about the Senate’s version of the crypto market structure bill. The signatories include Better Markets, Public Citizen, Americans for Financial Reform, and the Communications Workers of America.

  • Tokenpost: Consumer and Advocacy Groups Push Back Against Senate Crypto Regulation Bill

    Consumer advocated, financial-reform organizations, and several major unions are voicing strong opposition to the Senate’s emerging legislation aimed at regulating the U.S. cryptocurrency market. Nearly 200 groups — including Better Markets, Public Citizen Americans for Financial Reform, and the Communications Workers of America — signed a letter warning that the current proposal fails to protect…

  • American Banker: House weighs finance AI sandbox

    “The financial industry has already been deploying AI within the bounds of federal laws and regulations across its business lines from customer service to automated underwriting to securities trading to risk management and more,” the groups, led by Americans for Financial Reform, wrote. “These legal and regulatory regimes are designed to protect people and the…

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American Banker: House weighs finance AI sandbox
FinTech/Crypto
Yonkers Times: 50+ New York Groups Call for Moratorium on New Data Centers 
Climate Finance & Insurance FinTech/Crypto