Tag: Lerato Lamola-Oguntoye

As of June 2024, the Financial Sector Conduct Authority (FSCA) has issued 138 crypto asset service provider (CASP) licences. With the rolling out of licences, the discussion around the crypto industry shifts. It now moves from whether crypto assets should be regulated, to more detailed topics around "what should be regulated?" and "how should it be regulated?"

The popularity of cryptocurrencies stems from the fact that trading takes place in an anonymous environment where individuals may use pseudonyms and are not face-to-face. However, as the crypto industry grows and becomes more developed, it is becoming less true that “crypto is anonymous”.