John Steinberg, the mastermind behind a South African Bitcoin Ponzi scheme, recently died of a heart attack while under house arrest on a farm in Brazil. According to his Brazilian wife, Steinberg left no will and no assets to inventory.
JinseFinanceIn a move to regulate the fast-growing crypto industry, South Africa's financial regulator, the Financial Sector Conduct Authority (FSCA), has ...
BitcoinistThe banking authority said avoiding risk by cutting off crypto-involved clients may pose a “threat” to financial integrity.
CointelegraphMajor South African exchanges have welcomed the central bank’s plans to regulate cryptocurrencies as financial assets.
CointelegraphH2O Securities, an infrastructural firm based in South Africa, generated $150 million to introduce crypto water tokens. The company landed ...
BitcoinistCourt filings hint at authorities allowing Spagni to be in the United States for the Independence Day holiday weekend before being taken to South Africa early on Tuesday.
Cointelegraph“The defendants misappropriated, either directly or indirectly, all of the Bitcoin they accepted from the pool participants,” said the CFTC.
CointelegraphSouth Africa has positioned itself as a key region for financial innovation. It is a region open to the development ...
BitcoinistAbout 22 percent of South Africa’s adult population (7.6 million people) are cryptocurrency investors, according to a study by cryptocurrency exchange Kucoin.
CointelegraphThe South African Reserve Bank stated further work would be undertaken to study the findings from the project and used to inform policy and regulatory responses to DLT and CBDCs.
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