Tag: Unathi Kamlana

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Report: South Africa Regulator Says Unlicensed Crypto Exchanges in 2024 May Be Closed Down

July 6, 2023

According to the regulator of the South African financial services industry, cryptocurrency exchanges based in the country must secure operating licenses before the year ends. Crypto exchanges that fail to abide by the requirement will either be fined or closed down, Unathi Kamlana, the Financial Sector Conduct Authority commissioner, said. The Importance of Regulation The…
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Regulator Claims South Africa Set to Unveil Cryptocurrency Regulatory Framework in Early 2022

December 11, 2021

In early 2022, South Africa will have a new regulatory framework that covers cryptocurrencies, a commissioner with a regulatory body has said. Highly Risky Products South Africa’s financial sector regulator, the Financial Sector Conduct Authority (FSCA) is set to unveil a new regulatory framework that covers cryptocurrency in early 2022. According to…
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