Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesEarnWeb3SquareMore
Trade
Spot
Buy and sell crypto with ease
Margin
Amplify your capital and maximize fund efficiency
Onchain
Going Onchain, without going Onchain!
Convert & block trade
Convert crypto with one click and zero fees
Explore
Launchhub
Gain the edge early and start winning
Copy
Copy elite trader with one click
Bots
Simple, fast, and reliable AI trading bot
Trade
USDT-M Futures
Futures settled in USDT
USDC-M Futures
Futures settled in USDC
Coin-M Futures
Futures settled in cryptocurrencies
Explore
Futures guide
A beginner-to-advanced journey in futures trading
Futures promotions
Generous rewards await
Overview
A variety of products to grow your assets
Simple Earn
Deposit and withdraw anytime to earn flexible returns with zero risk
On-chain Earn
Earn profits daily without risking principal
Structured Earn
Robust financial innovation to navigate market swings
VIP and Wealth Management
Premium services for smart wealth management
Loans
Flexible borrowing with high fund security
The U.S. Consumer Financial Protection Bureau warns users to beware of potential financial risks in crypto games

The U.S. Consumer Financial Protection Bureau warns users to beware of potential financial risks in crypto games

CointimeCointime2024/04/06 02:05
By:Cointime

According to a report titled "Banking in Video Games and Virtual Worlds" , the Consumer Financial Protection Bureau (CFPB) of the United States stated that cryptocurrency may have a small share in the virtual gaming world, but game creators are becoming increasingly interested in bringing virtual items into the real world, and users should be aware of financial risks in video games and virtual worlds.

The report states: "Although these virtual assets are not as popular in virtual gaming worlds as Roblox, Second Life, or Fortnite, it is worth noting that due to the prevalence of third-party cryptocurrency trading platforms, users can distinguish between native virtual assets and legal currency, making them easier to penetrate than typical game markets. It is worth noting that some of the largest virtual game publishers are becoming more interested in positioning their virtual items as cryptocurrency assets that can be traded outside the game economy."

0

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

PoolX: Earn new token airdrops
Lock your assets and earn 10%+ APR
Lock now!