Asset management company Jaltech has obtained a Crypto Asset Service Provider License from FSCA in South Africa

Alternative investment fund management company Jaltech has obtained a Crypto Asset Service Provider (CASP) license from the Financial Services Authority of South Africa (FSCA). This license will allow Jaltech to provide cryptocurrency investment services for financial advisors as well as institutional and retail investors. Previously, it was reported that South Africa will issue licenses to approximately 60 cryptocurrency platforms by the end of March.