VALR Crypto Exchange Awarded Regulatory License in South Africa
Monday, 15 April 2024, 13:59
VALR Crypto Exchange Awarded Regulatory License as CASP in South Africa
Regulatory Approval and Milestone Achievement
- VALR, the Pantera-backed crypto exchange in South Africa, gets Category I and Category II license from the FSCA.
- This positioning highlights VALR's compliance with South African regulations, securing regulatory approval.
"Obtaining the CASP license from the FSCA is a monumental achievement for VALR," said Farzam Ehsani, the Co-Founder and CEO of VALR.
VALR - Largest Crypto Asset Exchange in South Africa
- VALR, established in 2018, is now the biggest crypto asset exchange in South Africa and Africa.
- The platform serves over 1,000 corporate clients and half a million traders worldwide.
Conclusion: VALR's regulatory approval signifies a major milestone in fostering trust, compliance, and growth within the cryptocurrency industry in South Africa.
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.