South African regulator investigates 30 crypto entities
The FSCA is investigating cases of individuals or entities offering crypto services without proper authorization. The FSCA has approved a total of 138 CASP licenses.
South Africa’s Top 5 FinTech Startups and Their Funding
TymeBank is a digital bank that allows users to open accounts online and earn reward points on payments. Yoco provides payment processing solutions for businesses and merchants, including card machines and payment gateways.
South Africa’s Regulator Greenlights Crypto Asset Providers for Licensing
The FSCA has approved 75 crypto asset service providers (CASPs) to operate in South Africa. CASPs have been categorized based on their licenses, with some holding Category I licenses and others holding both Category I and II licenses.
