Consumer Protection on the Blockchain
summary
Panel lists concrete risks and fixes: most big losses come from custodial platforms — about 70 thefts over 500 BTC historically — so custody, key‑loss and hosted‑service security dominate consumer harm; regulators already apply money‑transmitter rules (FinCEN Mar 18 2013) and one firm wins LedgerX temporary CFTC approval for derivatives; proposed remedies include law harmonization (EU vs South Africa differences), wallet standards like PCI for keys, insurance backed by Lloyd's and multi‑sig or compliance‑as‑a‑service deployments.
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chapters (4)
- 0:00Introduction and context
- 1:05Consumer risks in crypto
- 5:32Policy and regulation
- 15:09Leveraging technology
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