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Crypto Exchange Archax to Launch a Regulated Platform for Trading Tokenized Assets by Year-End

The London-based company has also tokenized an abrdn market fund in euros, pounds and dollars and has "a pipeline of several hundred million dollars worth of funds coming in to be held in that tokenized money market fund and where people can receive a yield based on the money market

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South Africa to mandate crypto exchange licenses by year-end: Report

South Africa's financial regulator has announced that all crypto exchanges in the country will be required to obtain licenses by the end of the year, according to a report by Bloomberg.Financial Sector Conduct Authority (FSCA) Commissioner Unathi Kamlana stated that the FSCA has received approximately 20 license applications since its

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South Africa’s financial regulator to require licenses for crypto exchanges by year-end

Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied The Financial Sector Conduct Authority (FSCA) of South Africa has made an announcement, stating that all cryptocurrency exchanges operating within the country must obtain licenses by the end of the year. Already around 20 license applications have

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Singapore to require crypto firms to put user assets into trusts by year-end

Singapore’s central bank is introducing new measures to improve investor protection and market integrity in the cryptocurrency industry.On July 3, the Monetary Authority of Singapore (MAS) announced new requirements for crypto service providers to hold customer assets into a statutory trust by year-end.“This will mitigate the risk of loss or

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