Finance News – Consumer Protection
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SEC Chair Atkins considers innovation exemption to boost tokenization
The proposed innovation exemption under regulatory consideration could enhance digital asset tokenization, attracting investment opportunities, though some lawmakers express concer...
Read Full Article →Judge authorizes Tim Hortons Roll Up to Win class action — but only for Quebec customers
The court’s decision to permit the class action exclusively for Quebec consumers highlights potential financial liabilities for Tim Hortons related to the disputed promotional emai...
Read Full Article →Barclaycard ‘Makes Money Work For You’ unless you want to buy crypto – because its banned
Starting June 27, Barclays will prevent credit card purchases of cryptocurrencies due to concerns about consumer safety and potential difficulties in loan repayments.
Read Full Article →Barclays to block crypto purchases via credit cards from June 27 over fraud and volatility fears
Starting June 27, Barclays will restrict credit card payments for cryptocurrency transactions due to worries about fraud risks, market instability, and potential financial exposure...
Read Full Article →Powell reaffirms Fed has no issues with banks conducting crypto activities
Federal Reserve Chair Jerome Powell indicated that U.S. banks can engage with digital asset firms as long as they adhere to regulatory guidelines, potentially influencing financial...
Read Full Article →Trump’s consumer protection reforms could leave crypto users in a lurch
The weakening of regulatory oversight under the Trump administration and key industry backing may increase risks for digital asset users, potentially exposing them to greater finan...
Read Full Article →Scratchie scam offering $US240,000 prize 'too good to be true'
Consumer Protection WA highlights a rise in scratchie scams, resulting in significant losses totaling over $30,000 for several victims, emphasizing the importance of caution with o...
Read Full Article →Legacy forex, payments platforms ‘hate’ stablecoin adoption — Kevin O’Leary
The introduction of regulated digital currencies could transform global foreign exchange by reducing transaction costs and increasing market efficiency, posing a significant threat...
Read Full Article →Arizona governor kills two crypto bills, cracks down on Bitcoin ATMs
By vetoing proposed investments in digital assets and limiting cryptocurrency payment options, the governor prioritized fiscal stability while enacting stricter consumer safeguards...
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