It is known that in Belgium there is no regulation of crypto currency, because they are considered as alternative forms of digital money. Despite the fact that crypto currency is not officially accepted as a means of payment, more than 11 million people own cryptographic tokens.

Caring for its citizens, the government of the country has created a new site designed to acquaint investors with signs of a potential skam, Zycrypto reports . The heading “Too good to be true” reminds investors that almost everyone can create a cryptographic token and organize a HYIP around it.

Such a project can be used for “fraud, drug trafficking, terrorism or any other criminal activity”, and everyone should be vigilant if they notice signs of a possible scam.

Often the skylights masquerade as reliable projects, and anyone who wants to invest in the Original Coin offer should take the time to learn about the project team that promises huge revenues.

On the site about scams, investors are advised to be suspicious of sites “with crypto-currency online payments to sweepstakes and platforms for investment in virtual currencies.” In addition, we will have a section of it already known benches or extremely dubious projects.

The Belgian Federal Public Service and the Financial Services and Markets Division contribute to the filling of the site, all of this takes place within the framework of the initiative of the Belgian government to raise public awareness of crypto-currencies.

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