CAT I & CAT II Crypto Asset FSP License in South Africa for sale

Key details

• Regulator: Financial Sector Conduct Authority (FSCA), South Africa
• Licences: Category I (Crypto Assets) and Category II Discretionary FSP (Crypto Assets)
• Authorised: 2024
• Status: active and licensed, with a clean regulatory record
• History: no trading, no active clients and no legacy liabilities
• Banking: an active South African bank account comes with the company
• Compliance: a framework and systems already exist
• Monthly costs: USD 5,500 for management and maintenance, all included

Team and office

• The Key Individual is willing to stay after the transfer
• Included: an AMLCO / FIC Officer, an external compliance officer and a resident director
• Arrangements for an office lease and bookkeeping are in place

Licensed activities

All of them relate to crypto assets: non-automated financial advice, intermediary services, and discretionary intermediary services.