This site requires JavaScript to be enabled. Please enable JavaScript in your browser settings, or upgrade to a modern browser.

Inundated with dodgy crypto schemes, the FSCA takes action

Loading player...

Brandon Topham, head of enforcement at the Financial Sector Conduct Authority (FSCA), explains that the authority is inundated with Mirror Trading International-lookalike scams. It's not just the FSCA pushing for regulation. Crypto exchanges, eager to burnish the sector's credibility, want this too.

25 Mar 2021 English South Africa Tech News · Investing

Other recent episodes

Is Ray Dalio’s bitcoin negativity justified?

Ray Dalio is more hip to gold than bitcoin, which he says has several serious flaws. Not so fast, says macro strategist Shiven Moodley. We’re in the middle of a bear cycle where bitcoin haters love to vent, but cycles always turn.

12 Mar 21 min

Your forex allowance just went up to R2m a year – here’s what you could do

You can now buy $120 000 a year instead of $60 000 without any permissions from the Reserve Bank – and there’s plenty you can do with this, says 80eight CEO Faadil Moti.

5 Mar 14 min

Africa’s next payments leap: Stablecoins on every corner

Stablecoin adoption is moving from niche corridors to street vendors, says Enza Capital's Nzwisisa Chidembo.

24 Feb 19 min

Bitcoin ventures into extreme fear territory – and that’s not a bad thing

Luno’s Christo de Wit says sentiment has plunged, but long-term buyers are circling.

17 Feb 16 min

Absa’s bold leap into stablecoins

Rob Downes, Absa’s head of digital assets at Corporate and Investment Bank, explains the reasoning behind its recent collaboration with crypto infrastructure giant Ripple, and why it is piloting its own stablecoin – backed by gold.

10 Feb 20 min

All episodes