Will the spread of cryptojacking lead to stricter cryptocurrency regulations?

Colleagues, cryptojacking is the practice of accessing unwitting users’ processing power in order to mine cryptocurrency for the gain of the attacker. The 16 recently arrested by Japanese officials in the Monero cryptojacking case purportedly only stole 70 percent of the cryptocurrency mined, with the remaining 30 going to Coinhive. South Korea, the world’s third largest cryptocurrency market, indicated it will follow cryptocurrency regulations imposed by the international financial community, including the Financial Action Task Force (FATF). G20 nations need to prevent, or at least mitigate, criminals and large-scale crime syndicates from using cryptocurrencies to finance illicit trade (including drug and money laundering transactions). Bottom line: Will rampant cryptojacking undermining the global crypto mining business? Visit us today and share a comment! Lawrence – Cryptocurrency Academy (https://cryptocurrencyacademy.blogspot.com/)