đ South Africa: The New Crypto Frontier! đ
- Emerging economies in Africa, especially South Africa, are poised to become digital asset hubs.
- VALR, a leading Johannesburg-based crypto exchange, just snagged new licenses from the Financial Sector Conduct Authority (FSCA).
- With $55M in funding from big names like Pantera Capital and Coinbase Ventures, VALR is ready to rock the crypto world.
- Revenue in South Africa's crypto market is projected to hit $246M in 2024 and grow at a 7.86% annual rate to $332.9M by 2028.
- South Africa is the first African nation to license crypto exchanges, setting a high bar for regulatory clarity.
Keep an eye on South Africa â it's not just about safaris anymore! đŠ