South Africa regulator warns vs $170M firm Mirror Trading
The Financial Sector Conduct Authority believes that the firm Mirror Trading has been operating without the required licenses.
The Financial Sector Conduct Authority believes that the firm Mirror Trading has been operating without the required licenses.
The firms claim to offer a debit card that is pegged on stablecoins, with promises of returns of up to 500% interest in just 24 months.
The Texas securities regulator has issued an emergency order stopping a South African BTC and forex trading pool that has been illegally targeting Texans.
The founder of VaultAge Solutions, a South African digital currency scam that stole $16 million from at least 2,000 investors has been declared bankrupt.
Sub-Saharan Africa has taken to digital currencies, with P2P platforms in Kenya, Nigeria, South Africa and Ghana posting triple-digit growth in 3 months.
Robert Graham, chief financial officer of the South Africa-based company, has been named the Best Bitcoin Transactions CFO.
The South African scheme has been the subject of investor fury after CEO and owner Willie Breedt vanished owing millions to investors.
Investors in a South African digital currency startup fear that their last hope of recovering their money may have vanished after the founder fled the country.
Les Vorster, co-founder of AnkerPay, talks about the company’s products and its future plans for Bitcoin SV.
AnkerPay wallet supports 11 digital currencies and has an in-app exchange feature that allows users to easily swap digital currencies.
A new report by Luno and Arcane Research has delved into the African digital currency market, acknowledging the opportunities and analyzing the challenges.
South African financial regulators have recommended new and stricter regulations for digital currencies, but will allow them to be used for domestic payments.