South African regulators: Crypto trading platforms must obtain licenses by the end of the year, with approximately 20 license applications received so far

ChainCatcher news, according to Bloomberg, Unathi Kamlana, the commissioner of the South African Financial Sector Conduct Authority (FSCA), stated in an interview that cryptocurrency exchanges must obtain a license to operate by the end of this year. Since the opening of cryptocurrency exchange license applications on June 1, the Financial Sector Conduct Authority has received approximately 20 applications, and more are expected before the November 30 deadline. (Source link)