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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South Africa’s FSCA Crypto License Framework: CASP Application Progress and Requirements Through 2024

When South Africa’s Financial Sector Conduct Authority (FSCA) officially called crypto assets “financial products” under the Financial Advisory and Intermediary Services (FAIS) Act, it was the first time in Africa that digital assets were accepted. The FSCA crypto license framework has now processed more than 400 applications since the application window closed on November 30,…

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