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banking lawsGizmodo
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71% Informative
A pair of tech trade groups are suing the federal government over its attempts to regulate digital payment apps and wallets like banks.
A lawsuit filed against the Consumer Financial Protection Bureau claims that new regulations introduced last year are arbitrary and capricious, and put “innovation at risk” The legal action comes not long after last year ’s high-profile scandal in which a fintech startup managed to lose track of $100 million in customers’ funds.
VR Score
66
Informative language
62
Neutral language
14
Article tone
formal
Language
English
Language complexity
61
Offensive language
not offensive
Hate speech
not hateful
Attention-grabbing headline
not detected
Known propaganda techniques
not detected
Time-value
short-lived
External references
5
Source diversity
3
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