The scammers use the popular microblogging and social networking service not only to post different scam materials but also to promote their projects, according to cybersecurity expert Harry Danly.
The Financial Conduct Authority is going to issue guidance on cryptocurrencies regarding the fifth anti-money laundering directive (5AMLD). It was stated during the business meeting of the regulator with representatives of the crypto community.
Mu Changchun, deputy director of the payments unit at the People’s Bank of China (PBoC) has said the institution is ready to launch its cryptocurrency after five years of development. The message has been delivered at an event held by China Finance 40 Forum over the weekend in Yichun, Heilongjiang.
To mitigate the influence of the American sanctions on the export of Chinese goods in the USA, the authorities of the People’s Republic of China let Yuan fall by 7% due to the strengthening of the USA’s pressure on China via additional customs duties.
Litecoin halving will take place in five days. The coin has been showing steady growth.
The Indian authorities are not going to ban cryptocurrencies; the restriction has fallen on stablecoins only. The new legislation can lead to the disappearance of the range of cryptocurrencies, but the bulk of the coins will be circulating freely.