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Market Cap:
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Bitcoin Bitcoin Share: 58.31%
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Cryptopolitan
2024-01-24 23:35:00

South Africa crypto businesses close to gaining FSP license approval

South Africa crypto businesses close to gaining FSP license approval

In a significant move for the cryptocurrency industry, South Africa is on the verge of issuing Financial Service Provider (FSP) licenses to crypto service providers. Gerhard van Deventer, the head of Divisional enforcement at the country’s Financial Sector Conduct Authority (FSCA), confirmed this development. The licenses are expected to enhance user protection against scams, a

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