Tag: crypto licensing

Embracing the Digital Future: South Africa’s Regulatory Path for Cryptocurrencies

South Africa's Financial Sector Conduct Authority (FSCA) has granted operating licenses to 59 cryptocurrency businesses. The authority received a total of 355 applications...

Stringent penalties imposed on unlicensed crypto companies in South Africa

If any Crypto firms do not comply with the new guidelines, they will face a fine of $510,000 or up to 10 years...

Opportunities and Challenges of Cryptocurrency Adoption in Seychelles

A nationwide survey showed an estimated 1257 crypto owners exist among 100,000 people. Virtual Asset Service Providers or VASP companies must have a...