The boom of new cryptocurrencies issued through ICOs and the rising interest in the crypto market have led to the implementation of regulatory requirements for the entire financial market. In 2018, the European Parliament issued a proposal for the AML5 directive, which will come into effect in 2020 – in some countries, it will happen in mid-2019. AML5 is a commonly used abbreviation for the fifth EU Directive on the prevention of the use of the financial system for the purposes of money laundering or terrorist financing.
SpectroCoin is more than happy to witness the rising number of customers who trust our platform. In exchange, we continue working to provide our users with the highest security performance. We believe that the basis of every great business is the collaboration between the company and its clients. For this reason, SpectroCoin is launching a Bug Bounty Program.
We are delighted to announce that on the 2nd of July of 2018, SpectroCoin became a full member of Infobalt. The Infobalt Association is recognized as the biggest and the main contact point between Lithuanian business associations and government organizations dealing with Blockchain initiatives. At the moment, the Infobalt Association unites more than 160 members from the Information and Communication (ICT) industry.
SpectroCoin and Vilnius University Kaunas Faculty are happy to announce a cross-sector partnership centered around a new Master’s Degree Program in Financial Technology (FinTech) which is being launched this year.
SpectroCoin is happy to present a new 1.6.0 version of its bitcoin Android app. Our goal has always been to offer globally accessible wide spectrum of services to facilitate using cryptocurrencies in your daily life. As the world is becoming more mobile-focused, we are continually working on improving our mobile solution as well. In this version, we have introduced fresh new features to bring the app up to date with our ever-growing service platform.