The FSCA said it has received 420 CASP licence applications, of which it approved 248 and declined nine.
While 106 applicants have voluntarily withdrawn their applications after engagements with the FSCA…
Approximately 42 percent respondents in the countries surveyed own cryptocurrencies currently or have previously bought them. Ownership is highest in Nigeria, South Africa, the Philippines, Vietnam, and India. Nigeria and…
The FATF travel rule aims to combat money laundering, terrorist financing, and the illicit proliferation of weapons. The Directive shows South Africa’s efforts to exit the FATF greylist, which it…
“This achievement reflects our dedication to providing secure, compliant, and transformative solutions for our customers both in South Africa and across Africa,” remarked Chris Maurice, Yellow Card’s co-founder and CEO.
To bring crypto into the scope of regulated financial activities in South Africa, the Financial Sector Conduct Authority (FSCA) has kickstarted the issuance of licenses to qualified crypto firms. The…