Crypto Exchange VALR Acquires License in South Africa

VALR obtains the FSCA license, a significant milestone in South Africa's crypto regulation.

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VALR, valued at $240 million and Pantera-backed, joins first FSCA-approved crypto firms.

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FSCA's 2023 acceptance of licenses follows South Africa's crypto oversight expansion.

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VALR, based in Johannesburg, receives Category I and II licenses as a crypto service provider.

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VALR's licensing showcases commitment to compliance and industry impact.

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