Warren Wheatley has resigned as CEO and employee of Africa Bitcoin Corporation, three weeks after the FSCA debarred him.
Browsing: FSCA
South Africa doesn’t need new AI laws. It needs the evidence to apply the ones it already has, writes Dirk de Vos.
The regulator has imposed R10-million in penalties and 20-year debarments over trading in shares in September 2022.
South Africa’s financial services sector regulator has debarred Africa Bitcoin Corporation CEO Warren Wheatley.
AI presents many risks to South Africa’s financial system, including increased cybercrime, the FSCA has found.
The ZAR Supercoin stablecoin is “purpose-built” for South Africa and is backed by the same company that owns Betway.
National treasury must address the digital asset elephant in the room.
With South Africa tightening its grip on crypto regulations, crypto asset service providers must act to avoid compliance failures.
The South African Revenue Service has warned taxpayers that they need to disclose details of crypto investments – or else!
South Africa will license about 60 cryptocurrency platforms by the end of the month.