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U.S. consumer finance watchdog warns over bitcoin
August 11, 2014 / 3:45 PM / 3 years ago

U.S. consumer finance watchdog warns over bitcoin

WASHINGTON, Aug 11 (Reuters) - The U.S. Consumer Financial Protection Bureau on Monday warned over the risks of virtual currencies such as bitcoin, including unclear costs, volatile exchange rates and the threat of hacking and scams.

The CFPB also said it was now accepting complaints from consumers on virtual currencies. (Reporting by Douwe Miedema; Editing by Chizu Nomiyama)

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