Consumer Protection - All News And Posts By Crowdfund Insider

Binance Is “Operating a Recognized Market Without Authorization,” the Malaysian Securities Commission Warns, Public Advised Not to Make Investments with Such Firms

July 20, 2020 @ 7:41 am By Omar Faridi |

The Securities Commission (SC) of Malaysia, which recently warned residents about facing lengthy prison sentences and fines for operating unlicensed Cryptocurrency ATMs, has specifically mentioned that Binance, the world’s largest digital asset exchange, is not authorized to offer services in the country. The Malaysian SC… Read More

Financial Inclusion: Office of the Comptroller of the Currency Introduces Project to Help Underserved US Businesses and Individuals

July 12, 2020 @ 11:26 am By Omar Faridi |

The Office of the Comptroller of the Currency (OCC), an independent bureau within the US Department of the Treasury that serves to charter, regulate, and supervise all national banks (among other responsibilities), has introduced an initiative that aims to promote greater financial inclusion of unserved… Read More

Scam Alert: Fintech Zopa Warns that Many Fraudsters are Using Emails and Texts to Find and Target Unsuspecting Consumers

April 25, 2020 @ 6:53 pm By Omar Faridi |

Fintech Zopa, which offers online lending services in a fund based fashion, has warned that scammers have been taking advantage of the current situation. According to a report from Action Fraud, victim losses due to the fraudulent activity related to the Coronavirus (COVID-19) in March… Read More