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Can the Upcoming South Africa Elections Swing In Favor of Crypto?
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South Africa’s approaching elections are unlikely to disrupt the country’s progress in the realm of digital assets, according to several members of the crypto community.
The recent establishment of a licensing regime for cryptocurrencies by the Financial Sector Conduct Authority (FSCA) positions South Africa as one of the pioneering African nations in this area.
As part of this regime, the FSCA is preparing to issue 60 licenses to crypto firms in the coming weeks, with Luno, Zignaly, and VALR already being granted licenses.
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