【South Africa FSCA Has Not Restored Banxso License for South African Exchange】Golden Finance reports that the South African Financial Sector Conduct Authority (FSCA) announced that despite the Western Cape High Court having lifted the asset preservation order against the South African exchange Banxso (Pty) Ltd, Banxso's Financial Services Provider (FSP) license remains revoked, and the company is prohibited from conducting financial services business. Its funds can only be used to migrate clients to other financial service providers authorized by the FSCA. The related case against Banxso is scheduled for retrial on December 4, 2024, and the FSCA is conducting an investigation into the activities of Banxso and its management.