Malta Financial Services Authority publishes cryptographic assets and fraud guide

The Malta Financial Services Authority (MFSA) has published guidelines on cryptographic assets and fraud. The new guidance is intended to alert the public about cryptocurrency investments and related risks and to guide people on how to identify and avoid fraud and fraud schemes. According to reports, the guide outlines the most common types of fraud associated with digital currencies, including false ICOs, crowdfunding companies that promise high yields, and counterfeit trading platforms and fake e-wallet applications.