FTX loses financial services licence access in South Africa
South African cryptocurrency market maker Ovex has cancelled and removed FTX as a juristic representative, cutting off the international exchange’s access to its local Financial Service Provider (FSP) licence.
“FTX is now unlicensed...
South African cryptocurrency exchange raises R770 million
South African cryptocurrency exchange VALR announced that it had raised $50 million (R770 million) in the continent's largest-ever crypto funding round.
Additionally, the value of the crypto exchange company reached $240 million (R3.7...