What Does VALR’s Regulatory Approval Mean for Crypto Payroll Solutions and Startups?
VALR’s recent regulatory approval marks a significant shift in the crypto landscape. How will it reshape the market and influence payroll solutions for freelancers? Let’s delve into the implications of this milestone.
What is VALR and What Licensing Did It Receive?
VALR, the leading cryptocurrency exchange in South Africa, has received regulatory approval for an Over-The-Counter Derivatives Provider (ODP) license alongside a Financial Services Provider (FSP) license from the Financial Sector Conduct Authority (FSCA).
This licensing allows VALR to offer a range of over-the-counter derivatives, enhancing its ability to bridge cryptocurrency with traditional finance. By obtaining this license, VALR has positioned itself as a major player…
