CFPB Warns on Bitcoin – ValueWalk Premium
Bitcoin

CFPB Warns on Bitcoin

A consumer protection agency has issued an advisory warning on Bitcoin, re-enforcing negative stereotypes, and indicates it may intervene to support consumers with fraud complaints.

The Consumer Financial Protection Bureau (CFPB), a government agency designed to protect consumers from financial fraud, issued an advisory warning on the “digital currency,” which many have also referred to as a payment transfer methodology . . .

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