Consumer Protection

In 2025 scammers exploited Bitcoin ATMs to steal an estimated $333M from Americans. This investigative guide breaks down scam mechanics, FBI findings, and exact steps exchanges, ATM operators, compliance teams and consumers should adopt to stop repeat offenses.

The GENIUS Act aims to create a comprehensive regulatory framework for stablecoins, addressing consumer protections and operational standards. This legislation is crucial as it seeks to stabilize the rapidly growing stablecoin market, ensuring safety for users while promoting innovation. At Bitlet.app, we encourage awareness of these regulatory changes as they can influence the future of crypto investments, especially for users exploring our Crypto Installment service to buy cryptocurrencies more conveniently.

The GENIUS Act brings significant changes to the stablecoin landscape, aiming to enhance consumer protection and compliance. This new legislation encourages transparency and accountability among stablecoin issuers, ensuring that users can engage in safer transactions. As the crypto market evolves, regulations like the GENIUS Act will play a crucial role. For crypto investors, platforms such as Bitlet.app offer innovative services like Crypto Installment, allowing users to buy stablecoins and other cryptocurrencies now and pay monthly, making investments more accessible.