🇿🇦
AFRICA · JURISDICTION PROFILE
South Africa
Comprehensive
Travel Rule: In force
FrameworkCASP licensing under FAIS (2023)
Travel RuleIn force
FATF statusNot listed
Overview
South Africa declared crypto assets a financial product in 2022 and began licensing crypto-asset service providers (CASPs) as financial-services providers under the FAIS Act from 2023, supervised by the FSCA, with the Financial Intelligence Centre (FIC) applying AML rules. South Africa exited the FATF grey list in 2025.
Regulatory framework
CASPs are licensed under the FAIS Act; the FIC applies AML/CFT and Travel Rule obligations.
Licensing & authorisation
Crypto-asset service providers require an FSP licence from the FSCA.
AML & Travel Rule
The FIC applies AML/CFT obligations, including transfer-information requirements.
Track developments
This jurisdiction isn't yet on the live wire (its regulator doesn't publish a machine-readable feed) — follow the regulator directly.
REGULATOR NEWS →