South Africa’s Financial Regulator Issues First Crypto License

March 26, 2024, 8:26 AM UTC

The Financial Sector Conduct Authority grants Jaltech — via its Jaltech Digital Asset Holdings unit — a crypto asset-service provider license.

  • Jaltech allowed to offer intermediary services for its cryptocurrency investments to institutional and retail investors, it says in an emailed statement
  • NOTE: March 13, South Africa Set to License 60 Crypto Platforms by Month-End

To contact the reporter on this story:
Adelaide Changole in Johannesburg at achangole2@bloomberg.net

To contact the editor responsible for this story:
Ana Monteiro at amonteiro4@bloomberg.net

© 2024 Bloomberg L.P. All rights reserved. Used with permission.

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