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138 crypto asset service providers now licensed in South Africa Cryptocurrencies South AfricaThe Financial Sector Conduct Authority (FSCA) has granted crypto asset service provider (CASP) licenses to a further 63 institutions, taking the total number of licensed CASPs in South Africa to 138. This comes after the FSCA initially approved 75 CASP licenses in April 2024.July 3, 2024 -
Kambi renews multi-year sportsbook agreement with Sun International in South Africa South AfricaKambi Group plc, a leading global sports betting supplier, has agreed to a multi-year extension of its multi-channel sportsbook partnership with Sun International, one of Africa's premier gaming and hospitality groups.July 3, 2024 -
Swifty Global secures South African gambling license South AfricaSwifty Global announced that it has officially obtained its gambling license for South Africa through the National Gambling Board. This license grants Swifty the ability to advertise and operate in key regions, positioning the company to take advantage of the rapidly expanding South African gambling market, which is currently valued at $1.8 billion annually.June 15, 2024 -
South Africa ranks 14th in Global Cryptocurrency Ownership Rate in 2024 South Africa CryptocurrenciesA recent report by Triple A has revealed that South Africa is among the top 30 countries globally with the highest cryptocurrency ownership rates in 2024. South Africa ranks 14th globally in terms of cryptocurrency ownership, reflecting a substantial presence of digital currencies within the country.June 8, 2024 -
South Africa's Hollywoodbets Connect seeks expansion through network licenses South AfricaHollywoodbets, a prominent South African betting company, has ventured into the telecommunications industry by launching an Internet Service Provider (ISP) called Hollywood Connect. The company has applied to the Independent Communications Authority of South Africa (Icasa) to acquire two network licenses that would allow it to operate as a national ISP.May 26, 2024 -
South Africa's FSCA authorizes 75 Institutions as crypto asset service providers Cryptocurrencies South AfricaThe Financial Sector Conduct Authority (FSCA) has officially confirmed the list of currently approved Crypto Asset Service Providers (CASPs). In response to misleading statements in the media claiming exclusivity in licensing, the FSCA clarifies that it has approved a total of 75 institutions as CASPs under the Financial Advisory and Intermediary Services (FAIS) Act, No. 37 of 2002. The comprehens...April 27, 2024 -
Combined Gambling and Liquor Board will be created in the South African province of Northern Cape Regulation South AfricaA unified Gambling and Liquor Board is set to be established in the Northern Cape province as outlined in the recently published Northern Cape Gambling and Liquor Act.April 21, 2024 -
DA introduces South African remote gambling bill South Africa RegulationThe Democratic Alliance (DA) presented its Remote Gambling Bill, 2024, in Parliament on April 17th, following two years of preparation and consultations with industry professionals. This move is in response to the ANC's failure to provide sufficient protection and regulation in the online gambling industry.April 18, 2024 -
Luno secures first crypto asset service provider license in South Africa Cryptocurrencies South AfricaLuno has become the first dedicated crypto asset service provider in South Africa to receive its financial services provider license under the new regulations.April 14, 2024 -
Hacksaw Gaming and Supabets partner to bring new games to South African players South AfricaHacksaw Gaming and Supabets are celebrating their partnership this week, which has brought a range of Hacksaw games to Supabets' platform, now the exclusive provider of Hacksaw's games in South Africa.April 13, 2024
