Kristin N. Johnson, outgoing Commodity Futures Trading Commission (CFTC) Commissioner, has expressed serious concerns regarding the increasing risks posed by prediction markets to retail investors. Her warnings highlight […]
FCCPC Launches Enforcement Measures to Curb Harassment & Data Abuse by Loan Apps
Nigeria’s Federal Competition and Consumer Protection Commission (FCCPC) has launched enforcement measures in response to concerns about loan app practices. The Digital, Electronic, Online, or Non-Traditional Consumer Lending […]
Illinois Enacts Strict Cryptocurrency Laws to Address Consumer Protection Concerns
Illinois Governor JB Pritzker has introduced strict cryptocurrency regulations, aimed at protecting consumers and investors from fraud and inadequate federal oversight. These rules mark a significant departure from […]
Illinois Passes New Crypto Consumer Protection Bills to Combat Fraud
Illinois has taken a proactive stance in protecting consumers within the burgeoning cryptocurrency market by passing two landmark bills: the Digital Assets and Consumer Protection Act, and the […]
Illinois Takes Action Against Crypto Scams, Enacting First-of-Their-Kind Consumer Protections
Governor JB Pritzker of Illinois has signed two groundbreaking bills establishing the first-ever cryptocurrency consumer protections in the Midwest region. The Digital Assets and Consumer Protection Act sets […]
Trump’s CFPB Cuts Raise Concerns About Crypto User Protection
The recent departure of a high-ranking US consumer protection regulator, coupled with reports of weakened enforcement actions by the Consumer Financial Protection Bureau (CFPB), has sparked concerns about […]
CFPB Enforcement Chief Resigns in Protest of Trump-Era Bureau Cuts
A top official at the U.S. Consumer Financial Protection Bureau (CFPB) has resigned, alleging that the Trump administration’s dismantling of the agency’s enforcement power is hindering its ability […]
CFPB Chief Resigns in Fiery Departure Accusing Trump of Undermining Bureau’s Mission
The US Consumer Financial Protection Bureau (CFPB)’s top enforcement official, Cara Petersen, has resigned, citing the Trump administration’s aggressive restructuring as a key factor. In a scathing email […]
Connecticut’s Cryptocurrency Regulation: Consumer Protection at the Forefront
Connecticut’s recent legislative actions have sparked discussion about cryptocurrency regulations. While reports suggest a potential ban on Bitcoin investments, official records show no confirmed restrictions. The focus remains […]
Bipartisan Amendment Proposed for GENIUS Act: Focus on Consumer Protection and Regulatory Frameworks
The U.S. Senate has been presented with a draft amendment to the GENIUS Act, marked by bipartisan agreement. According to PANews, this proposal features provisions addressing consumer protection, […]
Bank of America Faces Allegations of Reimbursement Denial, Raising Concerns about Consumer Trust
Allegations are mounting that Bank of America is failing to reimburse customers for missing funds. A customer reports a significant sum of $38,000 disappearing from their account, yet […]
Illinois Senate Passes Bill to Regulate Crypto Businesses & Combat Fraud
The Illinois Senate has approved a groundbreaking bill aiming to regulate crypto businesses and curb fraud in the state. Dubbed the “Digital Assets and Consumer Protection Act” (SB […]