[2014-08-17] US CFPB: We Will Continue to Monitor Bitcoin

[erono]

http://www.coindesk.com/cfpb-we-will-monitor-bitcoin/

The US Consumer Financial Protection Bureau (CFPB) incited a mixed response from the bitcoin community on 11th August when it issued a new warning to US consumers.

The release evoked sometimes strong language in an attempt to warn the public about the potential dangers of engaging with the bitcoin ecosystem, with CFPB Director Richard Cordray likening the ecosystem to a virtual ‘Wild West’.