Tag: consumer protection
Google Sued Over Scam Crypto App That Swindled $5 Million
Maria Vaca files a $5 million lawsuit against Google for allegedly facilitating a scam crypto app that swindled users.
Cryptocurrency Scams Soar: Lloyds Bank Reports 23% Spike in Victims
Cryptocurrency investment scams have surged by 23% this year, with victims losing an average of $13,115. Stay vigilant against fraud!
CFPB Proposes New Rules to Regulate Non-Bank Digital Wallets and Apps
CFPB aims to regulate large non-bank digital wallet providers, enhancing consumer protections as Big Tech dominates the payments landscape.
Mauritius’ Metaverse Initiative: A Financial Revolution in the Making
Join Mauritius as they explore the metaverse impact on financial services, asking for feedback and paving the way for digital currency.
Navigating the Metaverse: Mauritius’ Bold Step into Finance
Mauritius seeks stakeholder input on metaverse in finance while planning to launch a digital rupee this November. Join the conversation!
CFTC’s New Proposal: Protecting Customer Assets in Cryptocurrency Trading
Explore the CFTC’s new proposal and its implications for customer asset management in the crypto market. What does it mean for firms like LedgerX?
Navigating New Crypto Promotion Regulations in the UK: What You Need to Know
Confused about new crypto promotions rules in the UK? Discover common compliance pitfalls and FCA guidance to stay on the right side of the law.
Whistleblower Rewards: The Growing Role of Crypto in Enforcement Actions
CFTC pays $16 million this year to whistleblowers in cryptocurrency fraud cases, emphasizing their role in market integrity and consumer protection.
Crypto Firms Fall Short of New U.K. Marketing Standards: 221 Breaches Reported
Discover the 221 breaches of new U.K. crypto marketing rules. Learn the common issues and regulatory responses from the FCA.
New UK Crypto Marketing Rules: Navigating the Changing Landscape
Discover how new FCA regulations are reshaping crypto marketing, enhancing consumer protection while balancing innovation and compliance.