#BlockchainNews# South African cryptocurrency exchange VALR has obtained approval from financial regulators, becoming one of the first cryptocurrency companies to be approved by the Financial Sector Conduct Authority (FSCA) of South Africa. Previously, VALR completed a $50 million Series B financing in March 2022, led by Pantera Capital, with a valuation of $240 million. Last week, trading platform Luno and cryptocurrency social investment platform Zignaly also announced that they had obtained FSCA licenses. It seems that the cryptocurrency market in South Africa is gradually being standardized. What do you think? Welcome to leave a message in the comment area to discuss! (Source: CoinDesk)