Category: Financial Sector Conduct Authority

south africa regulator wants mirror trading international to pay millions as penalty for contravening financial sector law

South Africa Regulator Wants Mirror Trading International to Pay Millions as Penalty For Contravening Financial Sector LawSouth Africa Regulator Wants Mirror Trading International to Pay Millions as Penalty For Contravening Financial Sector Law



A South African regulator, the Financial Sector Conduct Authority (FSCA), has informed key figures behind Mirror Trading International (MTI) that it intends to impose a fine of $7 million against

africrypt ponzi scheme collapse south africa regulator says its not in a position to take any regulatory action

Africrypt Ponzi Scheme Collapse: South Africa Regulator Says Its ‘Not in a Position to Take Any Regulatory Action’Africrypt Ponzi Scheme Collapse: South Africa Regulator Says Its ‘Not in a Position to Take Any Regulatory Action’



Following Africrypt’s collapse, South African regulator, the Financial Sector Conduct Authority (FSCA), released a statement asserting its lack of jurisdiction over cryptocurrencies. Although the regulator says it is “continuing to