The U.S. Consumer Financial Protection Bureau has issued an advisory warning consumers about the risks of Bitcoin and other virtual currencies. The bureau “is working to identify and understand potential consumer protection concerns raised by these emerging technologies to determine what action, if any, may be necessary to protect consumers,” said spokesperson Moira Vahey.
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The Bitcoins Are Coming, the Bitcoins Are Coming
Posted by: Richard Adhikari August 13, 2014 11:16 AMThe U.S. Consumer Financial Protection Bureau has issued an advisory warning consumers about the risks of Bitcoin and other virtual currencies. The bureau “is working to identify and understand potential consumer protection concerns raised by these emerging technologies to determine what action, if any, may be necessary to protect consumers,” said spokesperson Moira Vahey.