South Africa Classifies Crypto Assets as Financial Products, Clears Deck for Regulation

South Africa's financial watchdog, the Financial Sector Conduct Authority (FSCA), on Wednesday said that it had classified cryptocurrency assets as financial products. The move comes ahead of plans to regulate the crypto sector. Financial watchdogs across the globe have been grappling with how to regulate new digital currencies and tokens, the prices of which have fal...

Post a Comment