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Financial Sector Conduct Authority
South Africa edging closer to issuing VASP licenses: FSCA official
FSCA announced in 2023 that all VASPs in the country would be required to apply for a license as part...
South Africa shortlists 50 applicants for VASP licensing
While over 100 companies applied for the license, the FSCA only forwarded 50 companies to the licensing committee, with some...
South Africa declares digital assets to be financial products
The Financial Sector Conduct Authority now classifies digital assets as digital representations of value built on DLT, the first step...
FTX, ByBit serving South Africans illegally, regulator warns
The FSCA said it has tried to contact FTX on the issue to no avail, but CEO Sam Bankman-Fried refuted...
South Africa to introduce digital currency regulations in early 2022
The country’s top financial regulator believes that while they don’t pose systemic risk, digital currencies are still a risky sector...
South African watchdog warns against growing digital currency scams
The Financial Sector Conduct Authority said it’s receiving a large number of complaints from South African investors who have lost...
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