As reported by the Chinese publication South China Morning Post, managing the monetary circulation Macau issued a safety warning to the public about the possibility of “fraud and criminal activities” related to cryptocurrency.

The warning was issued immediately after it became known that Macua Dragon Group, the company associated with the Chinese gangster WAN Kukai, Cambridge Analytica hired to promote the Dragon token – Coin- virtual currency to transfer money to Macau.

Van was reported to have been behind bars a total of more than 10 years for various crimes, including the 14K triad operating in Macau.

“As reported by the media, one of the companies Macau was recently involved in the ICO. Management of money circulation Macau resembles the whole population of Macau, which cryptocurrency is a virtual product. They are not legal currencies and financial instruments. Macao residents should be aware of criminal activities and fraud involving cryptocurrency”, – said in a statement.

According to the monetary laws of Macau, banks and payment institutions are prohibited direct and indirect participation in the provision of services for cryptocurrency exchanges. However, the rules that would prohibit ICO for private industry casino does not exist.

“Management of monetary circulation Macau reiterated that any institution without the permission provides regulated financial services like currency exchange, international money transfers and financial exchange platforms, violates the relevant provisions of the Act on the financial system”, – said the Agency regarding the illegality of the digital assets.

Earlier it was reported that Cambridge Analytica planned to issue its own cryptocurrency, but the rumors about these plans appeared even before she was involved in a scandal with Facebook.