VALR Exchange Receives Dual Crypto Licenses in South Africa
The South African Financial Sector Conduct Authority (FSCA) has issued two new crypto asset service provider (CASP) Licenses to crypto exchange VALR. The FSCA granted VALR Category I and II CASP licenses in addition to the $55 million in equity funding it received from Pantera Capital, Coinbase Ventures, and others. With the acquisition of both […]
South Africa to License 60 Crypto Exchanges in Regulatory Milestone
South Africa is set to become one of the first countries in Africa to mandate licenses for crypto exchanges. Sixty digital asset platforms should have their permits, guaranteeing that companies follow legal requirements by the end of this month. The Commission of the Financial Sector Conduct Authority (FSCA) disclosed this today in an interview with […]