VALR Secures Over-The-Counter Derivatives Provider License from South African Regulator
VALR, the largest crypto exchange in South Africa by trade volume, has been granted an Over-The-Counter Derivatives Provider (ODP) license as well as an additional Financial Services Provider (FSP) License by South Africa’s Financial Sector Conduct Authority (FSCA). This approval, positions VALR as one of the first entities in South Africa to offer these categories for crypto assets. The ODP license enables VALR to provide a range of over-the-counter derivatives,