11-14-2024 
Financial Sector Conduct Authority
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17 July, 2024
South Africa issues 63 new VASP licenses, launches probe into 30 unlicensed firms
The FSCA has now licensed 138 VASPs from an initial 383 applications, and the FATF has warned that 97% of...
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20 April, 2024
South Africa issues digital currency licenses to Luno, VALR
The Financial Sector Conduct Authority announced in 2023 that all VASPs had to obtain a license or shut down by...
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15 March, 2024
South Africa approves 59 VASP licenses
South Africa’s FSCA has received 355 applications but has only approved 262, a higher number than was previously revealed, according...
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28 February, 2024
South Africa to explore stablecoins for digital payments
In its new budget proposal, South Africa pledged to explore stablecoins, blockchain, and the tokenization of real-world assets over the...
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13 February, 2024
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...
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31 January, 2024
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...
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24 October, 2022
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...
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7 February, 2022
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...
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15 December, 2021
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...
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10 February, 2021
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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