South Africa: Policy Document supporting the Declaration of Crypto Assets as a Financial product
Description
Policy Document supporting the Declaration of Crypto Assets as a Financial product
On 19 October 2022, the Financial Sector Conduct Authority (FSCA) published a policy document supporting the Declaration of a crypto asset as a financial product under the Financial Advisory and Intermediary Services Act. In its policy document, the…
Scope
Policy Area
Authorisation, registration and licensing
Policy Instrument
Operational license requirement
Regulated Economic Activity
digital payment provider (incl. cryptocurrencies)
Implementation Level
national
Government Branch
executive
Government Body
central government