FSCA’s regulation of crypto in SA creates trust signal within the industry
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The Financial Sector Conduct Authority’s (FSCA’s) recognition of crypto assets as a financial product is the first step in creating a trust signal within the industry in South Africa. This is according to Louis van Staden, Luno’s General Manager responsible for Customer Acquisition, Onboarding and Payments, who calls this regulatory step “an incredible moment” for the industry.
