South Africa’s financial watchdog is the latest financial markets regulator to issue a public warning against the crypto exchange Binance.
What Happened: The Financial Sector Conduct Authority (FCSA) issued a press release on Friday warning the public to be cautious when dealing with the Binance Group.
The regulator also declared that the entity was “not authorised to give any financial advice or render any intermediary services” in the country as per the Financial Advisory and Intermediary Services Act, 2002 (FAIS Act) in South Africa.
“If....More>>>