Federal Agencies Criticized for Failing to Protect Bitcoin Users
A new report from the Government Accountability Office is highly critical of the current approach by federal agencies towards Bitcoin. After analyzing all the current operations and interagency working groups, the report concludes that federal agencies have failed to take action to protect ordinary Bitcoin consumers from scams, thefts and hacks. The report concludes that despite the acknowledgment by all federal agencies of Bitcoin's and other cryptocurrencies' positive benefits in fostering economic growth, allowing cheaper and faster transactions, increasing financial privacy and....
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