This FTC Group Wants To Keep You Safe from Blockchain Scams

NextGov: New technology can be tough to navigate, and the Federal Trade Commission is out to make sure conmen don’t use blockchain to steer you in the wrong direction.

As cryptocurrency rebrands from anarchist fantasy to mainstream finance, the FTC is assembling an internal group of experts to help regulators crack down on people exploiting consumers with blockchain technology. Publicly launched last month, the blockchain working group aims to supply the technical know-how to fight the deceptive and unfair practices that often arise in fledgling industries.

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