Coinbase backed Yellow Card, a leading African crypto platform, has secured a crypto asset service provider (CASP) license from the Financial Sector Conduct Authority (FSCA) in South Africa.
The license allows Yellow Card, which is also licensed in Botswana, to expand its operations and cater to the growing demand for stablecoin-based services.
This latest milestone comes as stablecoin adoption surges in Africa, with South Africa leading the way. Yellow Card, backed by significant investments, aims to further its mission of making digital assets accessible and secure for businesses across the continent.
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