South Africa edges closer to FATF graylist exit
The country has been on the FATF’s greylist since 2023 because of loose AML/CFT regulations.
FSCA
South Africa’s FSCA licensed 248 crypto firms in 2024
Pan-African exchange, Yellow Card, also secured an FSCA-issued financial service provider license late in the year
South Africa grants 63 new crypto licenses
This brings the total approved crypto licenses in South Africa to 138. On- and off-ramp crypto service Kotani Pay is one of the newest licensees.
Scoop: South Africa announces 30 investigations into crypto activities
FSCA has formed a special team to probe unlicensed crypto services amid ongoing regulatory efforts. 30 cases are under scrutiny as South Africa seeks to balance innovation and compliance.
First-ever South African crypto licenses are imminent: FSCA official
A pivotal moment for Africa’s crypto regulatory landscape as South Africa nears crypto license issuance.