consumer protection
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What does the CPS product in Kuaishou mean? (What does CP mean in Kuaishou)
What does the CPS product in Kuaishou mean? According to the official announcem
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#Why the United States Needs Clear Regulation of Centralized Participants in the Encryption Field
According to reports, Coinbase CEO Brian Armstrong tweeted that he spent a day in Washington meeting with members of Congress. For various reasons such as consumer protection, nati
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Establishing New Market Structure Rules for Digital Assets: A Breakdown of the US House and Senate’s Latest Bill
On April 21st, it was announced that the US House of Representatives and Senate have jointly formulated a bill to establish new market structure rules around digital assets. This b
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Falling Behind: The Risk of Slow Cryptocurrency Regulation in the United States
According to reports, Chris Perkins, president of CoinFund, a cryptocurrency venture capital firm, and advisor to the Commodity and Futures Trading Commission (CFTC), published a r
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Introduction
According to reports, Coinbase CEO Brian Armstrong tweeted that a meeting was held today with Andrew Griffith, the UK Minister of Economy and City. The UK is accelerating the devel
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Developing a Common Framework for Cryptocurrencies: India’s G20 Objectives
On April 11th, Indian Finance Minister Nirmala Sitharaman stated that India\’s purpose as the G20 presidency is to develop a common framework for all countries to address the risks
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New EU Policies Targeting The Metaverse: Implications for Startups and Small Business Enterprises!
According to reports, the EU\’s executing agencies will release new policies targeting the metaverse in the coming months, and feedback has been open until May 3rd. The European Com
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Banks Restricting Customers’ Use of Cryptocurrency: Not in Line with the Spirit of Consumer Protection
According to reports, Diana Baker Taylor, the European policy leader of Circle, stated that it is \”very, very wrong\” for banks to restrict customers from using cryptocurrency. The
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Another organization has filed a complaint against OpenAI, requesting FTC to investigate and suspend its ChatGPT deployment
According to a report from The Verge, a US technology media, on Thursday local time, the non-profit organization Artificial Intelligence and Digital Policy Center (CAIDP) filed a c
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How a Social Media Influencer Ban on Encryption Products Might Affect France’s Appeal to Global Web3 Participants
According to reports, Adan, a lobbying group in the French encryption industry, said that plans to ban social media influencers from promoting unauthorized encryption products woul
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Introduction
According to reports, the UK Treasury said in a tweet on Tuesday that cryptocurrency promotion legislation is expected to take effect later this year. The draft Financial Services
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Coinbase Leadership Team to Visit UK to Discuss EU Encryption Framework
On March 24th, Coinbase announced on its social platform that its leadership team would visit the UK in a few weeks and meet with policymakers, regulators, and the media. The theme
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The Dilemma of Bank Bailouts: A Call for Consumer Protection
According to reports, Zhao Changpeng, CEO of Coin Security, tweeted that once the regulators implemented a rescue to the bank, it would fall into a dilemma. If there is no relief, it does not conform to the claim of “protecting consumers”. If the bank bails out, it will lose the power to manage risks, thus encouraging banks to take more and more risks, which will lead to more bailouts. He said that this was a thorny issue, and suggested that regulators should only help consumers and compensate them. Then shut down the bankrupt enterprises and recover part of the executive compensation. Zhao Changpeng: The rescue will make the banks lose the power to manage risks. It is suggested that the regulators should only compensate the depositors Analysis based on this information:The message relayed through the tweet of Zhao Changpeng, CEO of Coin Security, highlights a crucial issue that is faced by financial regulators worldwide: the dilemma of bank bailouts. In…
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FCA CEO states inability to create a regulatory framework for crypto investors
On March 9, Nikhil Rathi, the chief executive of the Financial Conduct Authority (FCA), told the Special Committee of the Ministry of Finance on Wednesday that…
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Digital Currency Traders Association launches online campaign against SEC Chairman’s regulatory strategy
On March 1, FOX Business reported that a small cryptocurrency consumer protection organization called \”Digital Currency Traders Association (DCTA)\” was launchi…
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Circle Proposes Financial Regulation to Support Blockchain Innovation
According to the report, according to the announcement on the official website of Circle, in response to the recent comments of the Bank of Ireland on the topi…