June 3, 2026

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South Africa Poised to License 60 Crypto Platforms by Month-End – Bloomberg

Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world
Americas+1 212 318 2000
EMEA+44 20 7330 7500
Asia Pacific+65 6212 1000
Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world
Americas+1 212 318 2000
EMEA+44 20 7330 7500
Asia Pacific+65 6212 1000
The logos of Ripple, Ethereum, Bitcoin, Binance and Solana coins.
South Africa will license about 60 cryptocurrency platforms by the end of the month, putting it among the first nations on the continent to require digital-asset exchanges to have permits to operate.
The Financial Sector Conduct Authority, which gave exchanges until Nov. 30 to apply for licenses or risk facing enforcement action, said more than 300 crypto-asset providers sought approvals.

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