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Head of enforcement at the South African Financial Industry Regulatory Authority: Decisions on the approval of 50 crypto company license applicants a

Head of enforcement at the South African Financial Industry Regulatory Authority: Decisions on the approval of 50 crypto company license applicants a

CointimeCointime2024/01/26 05:11
By:Cointime

The enforcement head of the Financial Sector Conduct Authority (FSCA) in South Africa has stated that he expects the organization to decide on the approval of 50 cryptocurrency company license applicants in the coming weeks. The regulatory body has stated that out of the over 100 entities that have applied for licenses, 20 have already withdrawn their respective applications.

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