South Africa released a list of 75 licensed crypto asset service providers, but major players like Binance and Yellow Card are missing.
After two years of laying the groundwork, the Financial Sector Conduct Authority (FSCA) has licensed 75 crypto asset service providers (CASPs) from over 374 applicants. The list, released Monday, features well-established global exchanges like Luno and VALR.
However, two major players, Binance and Yellow Card are absent from the list. The FSCA has assured that applications are still under consideration. “[We] will continue to provide regular updates as these applications are processed and approved,” FSCA said in a statement seen by Bendada.com.
The FSCA’s licensing process goes beyond simply legitimising crypto businesses. It has a two-fold objective: protecting South African investors from the inherent risks of…
Johnstone Kpilaakaa
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https://www.benjamindada.com/binance-yellow-card-missing-south-africas-licensed-crypto-firms-list/
