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UK Competition Authority Proposes Methods to Protect Consumers From AI Overreach
The UK Competition and Markets Authority is concerned that consumers may suffer if rules don't exist to protect customers from false information generated by AI. The post UK Competition Authority Proposes Methods to Protect Consumers From AI Overreach appeared first on BeInCrypto. дальше »
2023-9-19 13:15 | |
UK may ban crypto investment cold calls
The UK government has proposed banning unsolicited cold calls for all consumer financial products and services, including cryptocurrencies. HM Treasury released a consultation document this week. The ban aims to protect consumers from investment fraud, which has surged as criminals… дальше »
2023-8-25 19:36 | |
Changes in UK’s Crypto Marketing Regulations: Potential Jail Time for Offenders
The UK's FCA introduced a new framework of crypto marketing regulations to protect consumers and promote responsible growth within the fast-evolving crypto industry. The post Changes in UK’s Crypto Marketing Regulations: Potential Jail Time for Offenders appeared first on BeInCrypto. дальше »
2023-6-14 19:30 | |
Treasury Sec Janet Yellen says she’s “supportive” of SEC’s regulatory approach
US Treasury Secretary Janet Yellen says she supports what regulatory agencies are doing in terms of using available tools to protect consumers and investors in the crypto space. Yellen’s comments came on Wednesday during an interview with CNBC’s Squawk Box, and only a day after the SEC filed a lawsuit against Coinbase. дальше »
2023-6-8 21:09 | |
Digital Pound Could Help Protect Consumers if Banks Fail
The Bank of England (BOE) representative believes that the digital pound could rescue citizens during a bank run. He compares CBDC to the first-generation iPhone. The post Digital Pound Could Help Protect Consumers if Banks Fail appeared first on BeInCrypto. дальше »
2023-3-1 20:30 | |
Paxos Faces Scrutiny From New York Regulators As They Gear Up To Protect Consumers
BUSD and USDP issuer Paxos have come under New York regulators’ radar. Although there is no specific reason for the investigation, reports revealed that the New York Department of Financial Services (NYDFS) launched a probe into Paxos’ operations. дальше »
2023-2-11 16:30 | |
Aussie minister welcomes treating crypto assets as financial services
Australia’s Financial Services Minister Stephen Jones says it’s okay for the government to regulate certain crypto assets as financial products to protect consumers from FTX-type collapses in the future. дальше »
2023-1-23 12:50 | |
10 practices crypto can borrow from TradFi to better protect customers
The crypto industry would be wise to learn from and adopt the proven principles and processes TradFi relies on to protect consumers. дальше »
2023-1-17 18:00 | |
UK Regulator Is Firming Up Its Approach to Crypto Oversight
The Payment Systems Regulator will be looking at what happens if a crypto payment system goes wrong and the measures needed to protect consumers against fraud, Nick Davey, a Payment Specialist, told CoinDesk in an interview. дальше »
2022-12-8 18:11 | |
British Bank Santander To Block Transfers To Crypto Exchanges In 2013
As part of measures to protect consumers from fraudulent activities, Santander will restrict UK customers from transferring real-time payments to cryptocurrency exchanges beginning in 2023, Reuters reported, citing the bank’s Friday email statement. дальше »
2022-11-7 19:04 | |
Bitcoin Can Protect Consumers From Existing Fed Hike Paranoia, R. Kiyosaki Says
Bitcoin, the leading cryptocurrency with a total market cap of almost $393 billion, is once again included in conversations involving assets that could help protect wealth when economic apocalypse happens. дальше »
2022-10-31 15:08 | |
White House Releases First Crypto Regulatory Framework—Here’s What You Need to Know
The White House has indicated that it wants to protect consumers, fight financial crime, and look into launching a digital dollar. White House Publishes Crypto Framework The U.S. government is... дальше »
2022-9-16 15:23 | |
ECB Reaffirms Its Focus On The Harmonization Of Crypto-Asset Regulations
The European Central Bank has restated its commitment to push for an all-around regulation on crypto assets to boost confidence in the financial system and protect consumers from nefarious players. In its latest communication, the Bank stated that it was committed to working closely with national supervisors to ensure a consistent approach to drafting crypto […] дальше »
2022-8-20 22:42 | |
SEC Chair Gensler Says the Agency is Looking to Regulate Crypto Exchanges to Ensure Consumer Protection
The crypto community has been calling for establishing a workable regulation that will guide the industry in the United States and subsequently protect consumers while providing an appropriate framework to foster innovation. дальше »
2022-7-30 23:08 | |
US Consumer Regulator Sets Sights on Crypto as Big Tech Moves Into Finance
The Consumer Financial Protection Bureau (CFPB) has crypto payments firmly in its sights as it moves to protect the interests of American consumers. The post US Consumer Regulator Sets Sights on Crypto as Big Tech Moves Into Finance appeared first on BeInCrypto. дальше »
2022-7-28 18:00 | |
Senator Elizabeth Warren wants more enforcement from SEC in the crypto space
The United States Securities and Exchange Commission (SEC) needs to take action to protect consumers against bad actors in the crypto space, Senator Elizabeth Warren told Yahoo Finance on July 17. дальше »
2022-7-19 23:30 | |
SEC Chair: ‘basic disclosures’ by crypto companies will benefit investors
US Securities and Exchange Commission (SEC) Chair Gary Gensler says the public can benefit more if crypto platforms were able to offer even the most basic of disclosures. Gensler, who has reiterated severally that the crypto sector needs to do more to protect consumers, made the comments during an interview with Yahoo Finance. дальше »
2022-7-16 17:10 | |
US DOJ wants more international collaboration to fight crypto crime
The US Department of Justice (DOJ) has called for more international collaboration and sharing of information about crypto crimes to protect investors, businesses, and consumers using digital assets in its latest report. дальше »
2022-6-9 21:00 | |
UK Treasury Creates New Proposal to Limit Effects of Stablecoin Collapses
Following the fallout of the crash of the algorithmic stablecoin Terra this month, the U.K. Treasury tables a new insolvency regime designed to protect consumers' assets. The post UK Treasury Creates New Proposal to Limit Effects of Stablecoin Collapses appeared first on BeInCrypto. дальше »
2022-6-1 21:00 | |
EU Passes Historic Crypto Regulation, Seeks To Protect Consumers In The Market
On Monday, the much-anticipated Markets in Crypto Assets Regulation (MiCA) bill was enacted. It will concentrate on a coordinated strategy to crypto by all EU members. Because of its significant power consumption, the law originally included an indirect provision to prohibit proof-of-work mining. дальше »
2022-3-16 22:00 | |
UK Regulator Proposes Policy To Curb Misleading Crypto Ads
The government in the UK moves to protect consumers from false cryptocurrency-related advertisements on public platforms and spaces. To achieve this, crypto promotions will fall under the purview of the Financial Conduct Authority (FCA). дальше »
2022-1-19 05:00 | |
Japan’s Financial Services Agency Considering Stricter Crypto Regulations
Japan's Financial Services Agency (FSA) is considering whether it should introduce stricter regulations on crypto assets to better protect consumers. The post Japan’s Financial Services Agency Considering Stricter Crypto Regulations appeared first on BeInCrypto. дальше »
2021-8-25 17:22 | |
Ripple May Finally Escape SEC’s Den, Thanks To This Proposed Crypto Legislation
The Digital Asset Market Structure and Investor Protection Act, new legislation proposed by Congressman Don Beyer (D-VA-08) that would protect consumers and promote innovation by incorporating digital assets into existing financial regulatory structures, has been noted to be a step in the right direction in clearing the current regulatory uncertainty surrounding cryptocurrencies. Beyer who proposed […] дальше »
2021-8-5 18:27 | |
How BlackHat Coin Will Give You Back Control of Your Privacy with Untraceable Transactions
At the end of 2020 and the beginning of 2021, crypto exchanges crackdown on privacy coins. This resulted in Monero, Zcash, Dash, and others being de-listed from these platforms. Regulators from around the world exerted pressure on these entities to “reduce the risk” and “protect” consumers from the alleged dangers of these cryptocurrencies. дальше »
2021-7-22 20:26 | |
Iran’s President Wants Crypto ‘Laws and Instructions’ Implemented as Soon as Possible
Iranian president Hassan Rouhani discussed cryptocurrencies at the most recent meeting of the government’s Economic Coordination Board and told participants that regulatory policy is needed to protect consumers. дальше »
2021-6-10 00:30 | |
US Senator Urges Treasury Secretary Yellen to Take Action on Cryptocurrency Scams to Protect Investors
U.S. Senator Rick Scott has urged Treasury Secretary Janet Yellen to take action on cryptocurrency scams, which he said have risen 1,000% in the past year and cost consumers at least $80 million. “This is an unregulated industry, and the alarming amount of criminal activity surrounding cryptocurrency demands action,” he told Yellen. Senator Scott Alerts […] дальше »
2021-5-30 19:00 | |
HM Treasury to Establish Regulatory ‘Gateway’ For Cryptocurrency Promotions
The British government intends to bring some certain cryptocurrencies in to the scope of financial promotions regulations in a bid to protect UK based consumers. They announced at the beginning of this week that they would be looking to put an end to misleading adverts that put retail investors at risk. According to a proposal […] дальше »
2020-7-21 20:47 | |
UK University Develops Blockchain Certificate to Protect Consumers from COVID-19 Risks
“Coronavirus represents a crisis of trust because we cannot any longer automatically trust goods or suppliers,” say the creators of a new blockchain supply chain certificate
дальше »2020-4-22 18:09 | |
Оператор Bakkt, CME и Nasdaq призвали британского регулятора не запрещать криптовалютные деривативы
Всемирная федерация бирж (WFE) попросила Управление по финансовому регулированию и надзору Великобритании (FCA) не запрещать продажу криптовалютных деривативов розничным инвесторам. The WFE has asked @TheFCA not to ban the sale of crypto derivatives to retail consumers while supporting the regulator’s desire to better protect vulnerable consumers. дальше »
2019-10-8 19:06 | |
Will Facebook Remove End-to-end Encryption From its Messaging Apps?
The technology community is up in arms once again. The US government has tried to get rid of end-to-end encryption in numerous ways. Its latest effort comes in the form of putting pressure on Facebook to make this decision. дальше »
2019-10-7 00:59 | |
German Blockchain Strategy Crushes Private Stablecoin Projects
In a bid to make it impossible for private firms to create their own cryptocurrencies, the German government has implemented a comprehensive blockchain strategy to thwart the efforts of tech giants like Facebook and others. дальше »
2019-9-19 01:00 | |
UK regulator wants crypto-derivatives ban to protect ‘ill-suited’ retail investors
The UK‘s Financial Conduct Authority has proposed a ban on cryptocurrency-related investment products to protect retail investors. In an announcement released earlier today, the FCA said that cryptocurrency-based derivatives and exchange traded notes (ETNs) are “ill-suited to retail consumers who cannot reliably assess the value and risks. дальше »
2019-7-3 15:43 | |
Console makers warn Trump that tariffs could cost US gamers up to $840M
Nintendo, Sony, and Microsoft collaborated on an open letter protesting the Trump administrations’s controversial proposition on Chinese tariffs. They warn that the worst case scenario would be that game consoles, are on the proposed product list, would get even more expensive. дальше »
2019-6-27 03:57 | |
Crypto Hackers Have Targeted 20% of Users on Bitcoin Exchanges: Kaspersky
By CCN Markets: 19 percent of survey participants have reported that they had experienced hacking attacks on cryptocurrency exchanges while 15 percent of consumers have become victims of crypto fraud, Kaspersky says. дальше »
2019-6-22 12:01 | |
Japan Introduces Stricter Regulation for Crypto Margin Trading
Japanese regulators have reportedly approved draft amendments to the country's financial instruments and payment services laws, introducing stricter regulations for margin trading of digital assets. дальше »
2019-3-21 21:27 | |
Malta Financial Services Authority Implements Crypto Intelligence Solution
The Malta Financial Services Authority (MFSA), the single regulator of financial services in Malta, has partnered with CipherTrace to implement a cryptocurrency intelligence solution to regulate virtual asset businesses licensed on the island. дальше »
2019-3-12 14:04 | |
QuadrigaCX Is Still Looking For The Millions Of Crypto Assets Missing, Earning Another Court Extension
QuadrigaCX Is Still Looking For The Millions Of Crypto Assets That They’ve Lost, Earning Them Another Extension In Court QuadrigaCX’s court case for the retribution of funds to consumers has gone on for months, and they have already been granted a 30-day stay to protect them from creditors as they find the funds hidden amongst […] дальше »
2019-3-6 02:16 | |
Philippines Implement New Regulations for its Cryptocurrency Industry
Crypto-friendly Philippines now has a new set of comprehensive regulations tagged as the digital Asset Token Offering (DATO) regulations. The guidelines were formulated and approved by the Cagayan Economic Zone Authority (CEZA), to sanitize the space and protect consumers against fraud, according to a Vietnam News report on February 4, 2019. дальше »
2019-2-5 14:00 | |
New York State Creates Cryptocurrency Task Force
In a bid to formulate amenable policies to foster cryptocurrency adoption and protect consumers from bad actors, New York state has created a cryptoassets task force. The group is made up of technologists, cryptocurrency holders, institutional and small investors, academics, and blockchain-linked businesses, according to a Facebook post on January 3, 2018, by Clyde Vanel, Assemblymember for the 33rd District. дальше »
2019-1-4 16:00 | |
Depressing lessons 2018’s endless data breaches taught us
In the days after Facebook‘s September announcement about a bug that may have compromised 90 million users – yes, that was three months and several earth-shattering Facebook headlines ago – someone asked me what consumers could have done to avoid being caught up in yet another data breach. дальше »
2018-12-28 22:00 | |
New Shakepay Feature Turns Your Spare Change Into Bitcoin
Mobile cryptocurrency exchange and peer-to-peer wallet Shakepay has announced a new product that allows its Canadian customers to buy bitcoin with spare change. Dubbed "ShakePay Change," the pre-launch of the service was announced in a Medium post. дальше »
2018-12-18 02:32 | |
Bipartisan Lawmakers Seek Crypto Regulations That Make the US Competitive an Protect Consumers
The US Congress is looking more seriously into the regulation of the cryptocurrency market. Members of the House will table two new bills that could help in consumer protection and make the US market more competitive. дальше »
2018-12-7 17:59 | |
Australia Warns: Fake Tax Payment Demands through Bitcoin ATMs Becoming Popular
Scammers seem to find any possible outlet to steal the cryptocurrency of investors. Twitter has been the biggest opportunity for these frauds to get through, but Australia has found that the hackers are finding a new method of tricking consumers – Bitcoin ATMs. дальше »
2018-11-14 22:13 | |
UK Regulators Looking At Banning Certain Crypto-related Consumer Products
A recent report by the UK’s Cryptoasset Taskforce outlines some ideas on how to protect consumers, including banning some products.
дальше »2018-11-1 20:40 | |