South Africa’s FSCA exempts NFT platforms from licensing requirements for now

South Africa’s financial regulator, the Financial Sector Conduct Authority (FSCA), has announced that cryptocurrency platforms dealing with non-fungible tokens (NFTs) will not be required to obtain a financial service provider license at this time. This decision is based on a comprehensive risk assessment conducted by the FSCA, which concluded that NFTs currently do not fall … Continue reading South Africa’s FSCA exempts NFT platforms from licensing requirements for now