The Cryptocurrency Anti-Fraud Education Association (CAFE) has launched as a nonprofit organization with a focus on consumer protection through education and industry collaboration. Announced on October 9, 2025, CAFE aims to combat cryptocurrency fraud by offering open membership to Bitcoin kiosk operators, wallet providers, and fintech platforms.
CAFE provides a 24/7 Anti-Fraud Hotline designed to assist in tracking, reporting, and mitigating scams. The association will also publish analyses and white papers for policymakers and media, monitor litigation and legislation, and promote best practices to enhance transparency.
In 2024, Americans reported $12.5 billion lost to fraud, with investment scams accounting for $5.7 billion of the losses. “Bank transfer or payment” was the largest loss category by payment method, followed by cryptocurrency. These figures underscore the need for comprehensive consumer education and cross-industry best practices.
CoinFlip, a major U.S. Bitcoin kiosk operator with over 5,500 kiosks globally across ten countries, highlights the scale of cash-to-crypto access points that require robust consumer education and standardized safeguards. Their recent retail partnerships have expanded their footprint by placing kiosks in convenient locations that interact with everyday consumers.
Founded in 2025, CAFE is committed to consumer protection through public education and industry best practices aimed at deterring crypto-related fraud. The organization plans nationwide awareness campaigns and collaborative research projects including white papers. Membership is open to companies directly serving consumers such as Bitcoin kiosk operators, wallet providers, and fintech platforms.
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