The 59 Chosen Ones: Who Secured South Africa’s First Crypto Licenses?
TL;DR, Out of 355 total applicants, only 59 companies have successfully met the requirements to secure FSCA crypto licenses in South Africa’s first regulatory wave. The South African regulatory journey, starting in 2018, has evolved into a comprehensive framework that legitimizes crypto assets to protect consumers and prevent financial crimes. This regulatory move covers a…

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