26 Jun '14, 8pm

US Consumer Protection Agency Asked to Boost Bitcoin Oversight

US Consumer Protection Agency Asked to Boost Bitcoin Oversight

The US Consumer Financial Protection Bureau (CFPB), an independent federal agency tasked with policing financial products, is preparing to take its first steps toward increasing oversight of bitcoin following a request from another government agency. Bloomberg reports that the Government Accountability Office (GAO), which oversees Congressional spending and policies, formally asked the CFPB to look into digital currencies earlier this year. In a letter obtained by Bloomberg , the GAO said that it wants US consumer finance regulators be more involved in regulating digital currencies. The CFPB later reportedly told the GAO that it would look into digital currencies in a letter dated 6th May, saying: “We’re looking forward to increasing our involvement in formal working groups as they engage on specific issues relating to consumer protection.” It’s not clear how the CFPB woul...

Full article: http://www.coindesk.com/us-consumer-finance-investigate-b...

Tweets

Ramp Up Role in Bitcoin: US Watchdog to Consumer Agency

Ramp Up Role in Bitcoin: US Watchdog to Consume...

profit.ndtv.com 28 Jun '14, 1pm

The US Consumer Financial Protection Bureau should play a bigger role in shielding people against risks from virtual curre...

US Consumer Agency Told to Play Bigger Role Against Risks of Bitcoin: Recent mishaps have brought Bitcoin unde...

US Consumer Agency Told to Play Bigger Role Aga...

gadgets.ndtv.com 28 Jun '14, 8am

The U.S. Consumer Financial Protection Bureau should play a bigger role in shielding people against risks from virtual cur...

How the US Government’s Sale of 30,000 BTC Could Impact Bitcoin Prices: On Friday, 27th June, the US governmen...

How the US Government’s Sale of 30,000 BTC Coul...

coindesk.com 26 Jun '14, 7pm

On Friday, 27th June, the US government is set to auction off 10 blocks of bitcoin, equaling the roughly 30,000 BTC confis...

US to seek data protection for EU citizens

US to seek data protection for EU citizens

ecnmag.com 29 Jun '14, 11am

ATHENS, Greece (AP) -- The Obama administration will seek to introduce legislation that grants Europeans the same privacy ...

US Government Regulators Take on Nanomaterials

US Government Regulators Take on Nanomaterials

spectrum.ieee.org 26 Jun '14, 7pm

Besides a big funding gap that has prevented many nascent nanotechnologies from reaching the marketplace, two major obstac...

Bitcoin to get more attention from US consumer ...

dailyherald.com 05 Jul '14, 3pm

SR. CONSULTANT - Computer The Northern Trust Co. is seeking a Sr. Consultant, IT Project in Chicago, IL w/ the following r...

Emotion generated through consumer experience drives brand loyalty ~ via @LuxuryDaily #wellness

Emotion generated through consumer experience d...

luxurydaily.com 25 Jun '14, 8am

Bugatti Driving Experience NEW YORK – As technology redefines what it means to compete, brands will need to have a scienti...

Vericoin: The Altcoin You Can Spend Wherever Bitcoin is Accepted

Vericoin: The Altcoin You Can Spend Wherever Bi...

coindesk.com 27 Jun '14, 8pm

Vericoin has launched an innovative and potentially game-changing approach to gaining merchant acceptance that could shake...