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Financial Services Law Insights and Observations

State Regulators Circulate Model Consumer Guidance On Virtual Currency

CSBS Virtual Currency

Fintech

On April 23, the CSBS’s Emerging Payment Task Force, together with the North American Securities Administrators Association, released “Model State Consumer and Investor Guidance on Virtual Currency.” The model guidance provides basic background information on virtual currency, and tips for consumers considering buying, selling, transacting with, or investing in a virtual currency.