Tag: consumer protection
FDIC Chair Martin Gruenberg Denies Support for Cryptocurrency Firms
Martin Gruenberg, the FDIC acting chair, confirms that the agency does not cover losses from tokens or support any crypto firms in the U.S.
EU Moves Forward with Cryptocurrency Regulations Amid Recent High-Profile Events
Mairead McGuinness pushes for EU regulations on cryptocurrencies following major events like Celsius and Terra crashes. Find out what’s next!
Biden’s Framework for Digital Assets: A Balanced Approach to Regulation and Innovation
Biden’s new framework addresses digital assets by balancing consumer safety, investor protection, and fostering innovation.
UK Financial Regulator Warns: Crypto Investments Come with Heavy Risks
FCA’s Nikhil Rathi warns UK investors against unregulated crypto risks in a new Treasury Committee statement.
Whistleblower Award Breaks Records: SEC’s $279 Million Revelation
SEC issues record $279 million whistleblower award, double the previous high, promoting transparency and enforcement in financial markets.
New Jersey Representative Proposes Groundbreaking Legislation to Back Stablecoins
New Jersey Rep. Josh Gottheimer introduces the Stablecoin Innovation and Protection Act to ensure stablecoins are backed and protected.
FTX Under Liquidation: SCB Takes Action Amidst Crisis
Unravel the FTX liquidation saga and SCB’s critical actions amidst a financial crisis. Understand the implications for the crypto industry.
Republican Senators Challenge Banking Regulators Over Cryptocurrency Policies
Republican senators voice concerns about banking regulators’ approach to cryptocurrency resembling past controversial actions.
Spotting Robocall Scams: Red Flags You Can’t Afford to Ignore
Learn to identify robocall scams with FDACS’s red flags. Protect your finances against scams asking for gift cards and cryptocurrencies.
FDIC Cracks Down on Crypto Companies Misleading Consumers About Deposit Insurance
FDIC takes action against companies misrepresenting deposit insurance on cryptocurrencies. Discover the implications for consumers and the future of crypto regulation.
