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South African Regulator Investigates 30 Cases of Unlicensed Crypto Operations

South African Regulator Investigates 30 Cases of Unlicensed Crypto Operations

by Bitcoin.com July 3, 2024 1 min read

(Originally posted on : Bitcoin News )

The Enforcement Division within South Africa’s Financial Sector Conduct Authority (FSCA) has formed a team to investigate individuals or entities operating crypto financial services without proper licenses. Currently, 30 cases are under scrutiny. The FSCA aims to protect the public and maintain industry fairness by taking decisive action against unlawful crypto businesses. The regulator will […]

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