South Africa’s regulator tightens transaction rules for crypto asset service providers
South Africa's Financial Intelligence Centre (FIC) has issued a draft directive to ensure that accountable institutions that provide crypto asset services adhere to and implement the Financial Action Task Force's (FATF) recommendations. The directive requires crypto asset service providers in South
Breaking: South Africa grants crypto licences to Luno, VALR and 73 other companies
South Africa's financial conduct regulator approved 75 operating licenses for crypto businesses. Luno and VALR are the most recognizable names on the list.
Exclusive: We did our due diligence, says Livestock Wealth investors
Livestock Wealth is accused of operating without licensing by South Africa’s financial services regulator. Mineworkers Investment Company (MIC) claims to have performed due diligence before investing in Livestock Wealth.
Scramble in SA crypto market ahead of licencing round
Stitch, a South African payments infrastructure company, has launched a new payment method called 'Pay with Crypto,' enabling customers to use cryptocurrency directly when purchasing goods and services. Paycorp, another fintech company in South Africa, has launched an app called CryptoExpress that a
