Anna Milne, founding director of research for the CAFE Association, said that membership focuses on industry leadership that combines innovation with consumer protection, rather than merely adhering to baseline compliance. This statement was made in a press release.
"Joining CAFE isn't only about minimal compliance," said Milne. "it's about consumer-friendly industry leadership. This is where good actors come together to demonstrate how consumer protection and innovation coexist."
The CAFE Association is reported as a nonprofit organization inviting operators to collaborate on education, research, and standards supporting consumers. The approach acknowledges that fraud affects various financial products and payment methods, not limited to cryptocurrency. The coalition model places crypto protections within broader industry-wide anti-fraud practices.
Anna Milne, Founding Director of Research, Cryptocurrency Anti-Fraud Education (CAFE) Association
| Finextra Research