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South Africa Imposes Licensing Requirements on Crypto Exchanges

Cryptocurrency exchanges operating in South Africa have until November 30 to register with the country’s financial regulator. Those who will not comply with the directive risk facing enforcement actions, including fines or business closure, the Financial Sector Conduct Authority (FSCA) said today (Tuesday)."There is potentially serious harm to financial customers when using crypto products, and therefore it makes sense for us to introduce the regulatory framework," commented Unathi Kamlana, FS... Read More

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Posted: Jul 4 2023, 16:07

Author Name: financemagnates

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