Valr granted odp and fsp licenses by fsca south africa's crypto market

VALR Granted ODP and FSP Licenses by FSCA: South Africa’s Crypto Market Enters New Regulatory Era

Johannesburg, South Africa – South African cryptocurrency exchange VALR has secured licensing from the Financial Sector Conduct Authority (FSCA), receiving both an Over-the-Counter Derivatives Provider (ODP) license and Financial Services Provider (FSP) authorization. This dual licensing achievement positions VALR as South Africa’s most comprehensively regulated digital asset platform and sets a new benchmark for crypto regulation…

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Kenya’s Crypto Space: New Competition Proposed Rules Target Exchanges, DeFi in Sweeping Draft Regulations

Nairobi, Kenya – The Kenyan government has unveiled its most comprehensive cryptocurrency regulatory framework to date through the Kenya Competition (Digital Asset Markets) Rules, 2024. These draft rules – currently open for public comment – represent a seismic shift in how crypto businesses must operate, with stringent requirements that could force half of existing platforms…

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