Bitcoin | Story of bitcoin | South Africa learns a hard crypto lesson am...

South African authorities will be keeping a close eye on the cryptocurrency space in 2021 in the wake of major scams and booming markets. Authorities in South Africa appear to be paying closer attention to the cryptocurrency space in 2021 in the wake of a major Bitcoin (BTC) Ponzi scheme and increased trading activity. As a result, the South African Financial Sector Conduct Authority has called for tighter controls of the crypto space following the collapse of what has been described as the biggest Ponzi scheme the country has ever seen. https://youtu.be/151X3RNJN4g