FSCA issues a second crypto health warning for SA consumers

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Some of the more well-known cryptoassets include Bitcoin and Ethereum. Picture: iStock
Some of the more well-known cryptoassets include Bitcoin and Ethereum. Picture: iStock

PERSONAL FINANCE

The Financial Sector Conduct Authority (FSCA), concerned about the increasing volume of cryptoasset-related losses suffered by investors in the past three months, has issued a second warning to be wary of investing in cryptos.

The FSCA is urging members of the public to be “extremely cautious and vigilant when dealing with cryptos for any financial services business”.

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