South Africa is rapidly becoming Africa's leading digital asset hub, serving as a gateway to the African market due to its strong rule of law and independent judicial system. The South African Financial Sector Conduct Authority has issued a cryptocurrency service provider license to VALR. It is expected that by 2028, South Africa's cryptocurrency market revenue will reach $332.90 million, with a compound annual growth rate of 7.86%. South Africa's regulatory framework is considered one of the best in the world, even superior to those of Hong Kong, Singapore, and the United States.

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<p>According to TechFlow, on September 23, Cointelegraph reported that South Africa is rapidly becoming the leading digital asset hub in Africa. Ben Caselin, Chief Marketing Officer of the cryptocurrency exchange VALR based in Johannesburg, stated that South Africa is becoming a gateway to the African market due to its strong rule of law and independent judicial system.</p>
<p>In April of this year, the Financial Sector Conduct Authority (FSCA) of South Africa granted VALR a license as a Crypto Asset Service Provider (CASP). According to Statista, the revenue of South Africa's cryptocurrency market is expected to reach $332.90 million by 2028, with a compound annual growth rate of 7.86%. Caselin believes that South Africa's regulatory framework is one of the best in the world, even better than those of Hong Kong, Singapore, and the United States.</p>
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VALR CMO: South Africa is becoming the leading digital asset hub in Africa, with a regulatory framework superior to that of Hong Kong, Singapore, and the United States.