Consumer Protection

consumer protection

CDCROP: European Union flag (Getty Images)

Policy

EU's ESMA Raises Alarm Bells Over Growing Crypto Use as It Prepares for New Powers

The European Securities and Markets Authority is worried about consumer rip-offs as well as novel risks like hacks and consensus manipulation

By Jack Schickler

Oct 4, 2022 at 8:30 a.m. UTC

Oct 4, 2022

regulationsEUCryptoConsumer ProtectionHackFinancial StabilityESMA

The Reichstag, German Parliament Building

Policy

Regulations

No Safety Net From Crypto Collapses, German Regulator Warns

The financial regulatory authority for Germany, BaFin, has toughened warnings about consumers potentially losing all their crypto investments, unlike holdings with regulated banks.

By Jack Schickler

Aug 23, 2022 at 9:02 a.m. UTC

Aug 23, 2022

regulationsBaFinGermanyBankruptcyConsumer Protection

CDCROP: NFT regulation being discussed at Korea Blockchain Week, Seoul (Cheyenne Ligon/CoinDesk)

Policy

Regulations

NFT Collections Will Be Regulated Like Cryptocurrencies Under EU’s MiCA Law, Official Says

A carve-out for ownership tokens may prove narrow, meaning issuers have to publish white papers.

By Cheyenne Ligon Jack Schickler

Aug 10, 2022 at 4:25 p.m. UTC

Aug 10, 2022

regulationsEUEuropean CommissionNFTsConsumer ProtectionWhite Papers

Policy

Regulations

Stablecoins Could Still Dominate Post-Terra, S&P Says

Not all stablecoins are alike, analysts note, but regulations may be needed to precipitate audits and investor fairness.

By Jack Schickler

Jun 23, 2022 at 4:32 p.m. UTC

Jun 23, 2022

regulationsS&PTerraLuna Foundation GuardStablecoinsPat ToomeyConsumer ProtectionAudits

Business

Fraud

Consumers Lost Over $1B to Crypto Fraud Since January 2021, FTC Says

Crypto is quickly becoming the "payment of choice for many scammers," says the agency.

By Michael Bellusci

Jun 3, 2022 at 3:44 p.m. UTC

Jun 3, 2022

FraudScamsCrypto FraudFTCConsumer Protection

Privacy Week

Anonymity

What If We Get Online Privacy Right? A Glimpse of 2035

Here’s what a day in the life would look like if we nail privacy infrastructure, fix the policy and squash the forces behind that “creepy feeling.” This post is part of CoinDesk's Privacy Week.

By Jeff Wilser

Jan 25, 2022 at 2:40 p.m. UTC

Jan 25, 2022

AnonymityPrivacyTechnologyConsumer ProtectionPrivacy Week