Cryptocurrencies

Chinese Embassy advises Chinese citizens in Angola to refrain from engaging in cryptocurrency mining

The Chinese Embassy in Angola has cautioned its citizens residing in the African nation to refrain from mining cryptocurrencies, as this activity is now considered a criminal offense. The embassy has also urged its citizens to be vigilant of virtual currency schemes that exploit users’ aspirations for rapid wealth and assured returns. Violators of Angola’s laws regarding cryptocurrency mining may face legal consequences.



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