Through this development, both Equicex and Dash will benefit from increased crypto use. Even though consumers can use Dash at over 4,800 merchants in the world although there is a lot of room for progress to be made. A crypto debit card improves consumer options when making purchasing decisions and seamlessly switching between merchants that directly accept cryptocurrencies and those that do not. Continue reading DASH Cryptocurrency Coin Now Works with Equicex Debit Cards And Exchanges
State leaders are calling Florida’s fraud problem an epidemic. One state leader just launched a new initiative to protect you, your identity and your money online.
Florida’s Chief Financial Officer, Jimmy Patronis, has started a website to protect consumers from cryptocurrency scams. It’s part of the state’s brand new initiative called Fraud Free Florida.
“With crypto currency, we saw many many situations where there’s a lot of fraud going on there,” said Eric Bretan, a former investment banker who now runs an Estate Jewelry business in Punta Gorda. Bretan believes this new website could be a valuable tool for anyone who’s hacked while exchanging this digital currency.
“Either the owner of the exchange steals all the cryptocurrency or someone hacks into that particular exchange and steals all the cryptocurrency and there’s really no way to get it back,” Bretan said. “They’re doing this from Russia. They’re doing this from China. And they’re doing it from North Korea and there’s absolutely no way of getting it back.”
During his time as an investment banker, Bretan steered his clients away from investing in cryptocurrencies altogether, calling them complete luck.