Crypto Businesses in South Africa Anticipate First Wave of FSP Licenses

Gerhard van Deventer, the head of Divisional enforcement at South Africa’s Financial Sector Conduct Authority (FSCA), confirmed that crypto service providers would start receiving Financial Service Provider (FSP) licenses soon. He said the licenses would protect users from scams as the number of users in South Africa using Bitcoin (BTC) and other cryptos reaches almost 10% of the... source: https://beincrypto.com/crypto-south-africa-fsp-license/