Tag: Consumer rights

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US Senator Says ‘So Much Appeals to Me About Bitcoin’

April 11, 2024

U.S. Senator Marsha Blackburn has revealed that there is “so much that appeals” to her about bitcoin. She explained that as we move forward and people are more comfortable with the cryptocurrency, “there will be more transactions in your daily life where bitcoin is accepted as a form of payment.” Senator Blackburn on Benefits of…
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US Consumer Protection Agency Issues Warning on Payment Apps Following Collapses of Crypto Firms, Banks

June 2, 2023

The US Consumer Financial Protection Bureau issued a warning on Thursday for people using person-to-person services to store funds, reminding them that they are not federally insured, in the wake of FTX and multiple bank collapses.  Transaction volumes on payment apps have “substantially increased,” the CFPB said in the report.  The collapse of crypto exchange…
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