Latest Breaking News On - Africa financial sector conduct authority - Page 21 : comparemela.com

9 hours ago South African Regulator Apologizes to Crypto Firm After Issuing Then Withdrawing a Warning in Less Than 24 Hours South Africa’s Financial Sector Conduct Authority (FSCA) has apologized to a Cape Town-based crypto start, Ovex, less than 24 hours after warning that the firm was operating outside the law. Ovex Does Not Require Licence From FSCA In its May 7 retraction, the financial watchdog said the findings of an investigation into Ovex, which specializes in crypto arbitrage services, suggest that the firm is operating outside the FSCA’s purview. The statement says: Based on the information provided by Ovex we are satisfied that Ovex does not currently require a licence from the FSCA, as its business activities fall outside the current jurisdiction of the FSCA. The previous media release has been retracted.

South africaSouth africanBrandon tophamAfrica financial sector conduct authoritySouth african regulator apologizesCrypto firm after issuing then withdrawingLess thanFinancial sector conduct authorityCape town basedகுறைவாக விடநிதி துறை நடத்தை அதிகாரம்கேப் நகரம் அடிப்படையிலானது