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EA Capital Obtains Crypto Asset Service Provider License in South Africa

EA Capital, a financial service provider in South Africa that specializes in blockchain technology, has received a regulatory license as a Crypto Asset Service Provider. The company has been operating as a regulated Financial Services Provider and Accountable Institution since 2022. EA Capital believes that the license reflects South Africa's efforts to regulate the digital asset space and aims to integrate traditional banking practices with its digital solutions. The CEO of the company, Ryan Aufrichtig, commented that the license validates their expertise in managing regulated traditional and digital businesses. Ongoing updates on this development are expected.

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