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Crypto assets: Next steps as South Africa prepares for regulation of Bitcoin, other currencies – FSCA exec

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by January 14, 2021 Financial News

South Africa is preparing to regulate crypto currencies like Bitcoin. In addition to protecting individuals, the new rules may pave the way for a mushrooming of products with crypto currencies as their underlying basket of investments. Brandon Topham, Divisional Executive for Investigations and Enforcement at the regulatory Financial Sector Conduct Authority, set out the details of the proposed legislation – and provides an update on crypto currency-linked Mirror Trading International (MTI), whose boss has disappeared along with investor funds. …

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Author: BizNews The Daily Insider

This article was originally posted on BizNews.

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