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Category: Financial Sector Conduct Authority (FSCA)

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Report: Regulations Governing Tokenized Deposits and Crypto Assets in South Africa Set to Take Effect in January 2025

Mar 26, 2023 Robert Brown

Regulations governing tokenized deposits and crypto assets are likely to become effective on Jan. 1, 2025, a senior fintech analyst at the South African central bank has revealed. However, according…

Crypto asset crypto asset service providers (CASP) Farzam Ehsani Financial Action Task Force (FATF) Financial Advisory and Intermediary Services (FAIS) Act financial product Financial Sector Conduct Authority (FSCA) Kuben Naidoo Regulation South Africa VALR

South African Financial Sector Regulator Declares Crypto Assets a Financial Product

Oct 20, 2022 Robert Brown

According to a general notice published in a government gazette, crypto assets are now treated as financial products under South Africa’s Financial Advisory and Intermediary Services (FAIS) Act. Declaration of…

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