The Financial Sector Conduct Authority (FSCA) of South Africa is reportedly planning to require cryptocurrency firms with foreign headquarters to establish a local branch in the country. This is part of the regulator’s efforts to improve oversight and accountability of the crypto industry, which has seen significant growth in recent years. South Africa’s Surging Crypto […]
south african firms
Alabama and Texas Bans South African Firms After Crypto Credit Card Scam
Securities watchdogs in both Alabama and Texas issued a cease and desist order following a crypto credit card scam promoted by South African firms. Accordance to a joint order issued by both the Texas State Securities Board (TSSB) and the Alabama Securities Commission (ASC), companies such as the South African Liquidity Gold Trust, Liquidity Gold Solution and […]