africrypt-scam-web3africa

The Return of the Cajee Brothers and the Unresolved AfriCrypt Investigation

The founders of the AfriCrypt scam have resurfaced in South Africa, reigniting questions about the missing millions from their 2021 platform collapse. While investors still await justice and fund recovery, the nation’s financial landscape has fundamentally transformed. Explore the verified financial losses, the ongoing legal pursuit, and how the FSCA has aggressively overhauled African blockchain regulations.

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crypto-asset-framework

SA Slams the Door on Crypto Loopholes: Cross-Border Rules Drop in 2025!

South Africa rejects exchange control exemption for SARB-led crypto framework after Judge Motha rules “cryptocurrency is not money.” Financial Regulators Steering Committee establishes CASP cross-border reporting closing 1961 Exchange Control loopholes. FICA subjects Luno, VALR, Binance to AML/CFT/CPF as Luno flags onshore/offshore gap hindering institutional adoption. Framework resolves “money” vs “capital” dichotomy within year

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