GUEST - Dr Katlego Mothudi, CEO of Board of Healthcare Funders SA will see an "exodus" of doctors, while the country’s
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GUEST – Tarris Arnold, Business Development Manager at Luno
Most of the businesses that applied for licences in South Africa to offer crypto services are registered financial services providers. This indicates that crypto products and services will be added to their offerings once licences are issued. Tarris Arnold, Business Development Manager at Luno, South Africa’s largest crypto investment app, explains, “Very few of the licence applications submitted to the Financial Services Conduct Authority (FSCA) are not licensed financial services providers. Of those who applied for licences, 73 are accountable institutionsregistered with the Financial Intelligence Centre. In addition, since the application window opened in June, we have seen much higher interest in crypto and engagements from incumbents and businesses in South Africa.”
Most of the businesses that applied for licences in South Africa to offer crypto services are registered financial services providers. This indicates that crypto products and services will be added to their offerings once licences are issued. Tarris Arnold, Business Development Manager at Luno, South Africa’s largest crypto investment app, explains, “Very few of the licence applications submitted to the Financial Services Conduct Authority (FSCA) are not licensed financial services providers. Of those who applied for licences, 73 are accountable institutionsregistered with the Financial Intelligence Centre. In addition, since the application window opened in June, we have seen much higher interest in crypto and engagements from incumbents and businesses in South Africa.”
