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Great progress is being made, as the Financial Sector Conduct Authority (FSCA) in South Africa issues a statement regarding its CASP (Crypto Asset Service Provider) Licensing approvals.
The @fscasouthafrica has received 512 CASP applications to date! So far, 300 have been approved🚀
14 have been declined, and 121 were voluntarily withdrawn after consultation with the FSCA
South Africa is a key market for @Ripple, so it's always good to see regulation and licensing progress
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