Africrypt
Africrypt Ponzi scheme
Ameer Cajee
crypto-assets regulation
Financial Sector Conduct Authority
FSCA
MTI
NEWS
Raees Cajee
Regulation
South Africa crypto regulation
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…