Bank · South Africa
FNB (FirstRand)
FirstRand Bank Limited (First National Bank division) · fnb.co.za (opens source in new tab)
Crypto readiness score
1/3 status dimensions verified · 1 initiative · last verified 2026-10-24
Only 1 of 3 status dimensions (commercial, regulatory, technical) are verified for this institution; at least 2 are required before a score is shown. We show this rather than guess.
Score breakdown
How the number above is built — every input is a verified tracker status with a dated source.
| Component | Weight | Points | Basis (verified input) |
|---|---|---|---|
| Commercial availability | 35 | — | No verified status — not scored |
| Regulatory standing | 25 | 25 | Approved / authorised · initiative |
| Technical delivery | 20 | — | No verified status — not scored |
| Product breadth | 15 | 5 | 1 product category with a verified status: Crypto services |
| Recent verified activity | 5 | 5 | Last verified change 2026-03-31 |
Score = sum of points, rounded. Only verified tracker statuses count; “Unknown” earns nothing and is never estimated. Methodology
Initiatives (1)
Regulatory, technical and commercial status are kept separate: an authorisation is not a launch.
Crypto services · South Africa
FSCA crypto asset service provider licence (FAIS Category I)
- regulatory
- Approved / authorised2026-03-31
- technical
- Unknown
- commercial
- Unknown
FirstRand Bank's First National Bank (FNB) division appears on the FSCA's March 2026 list of crypto asset service providers licensed under the FAIS Act (FSP 3071, Category I: intermediary services and advice).
Scope: Licence record only; no product launch reviewed.
In tracker · last verified 2026-10-24
Licences & registrations
Regulator records (or MiCA Art. 60 notifications — a notification, not an authorisation).
- Approved / authorised FSCA crypto asset service provider licence (FAIS Category I)
Financial Sector Conduct Authority (South Africa) · 31 Mar 2026
Partners & providers
From tracker records and verified item text only. “Co-named” means both appear in the same source — open it for context. Full map
No partner or provider named in our verified sources yet.
Regulator records & actions
Register entries and regulator publications that name this institution.
- 2026-04-15Supervisory update · Financial Sector Conduct Authority (South Africa)South Africa's FSCA has approved 310 of 533 crypto asset service provider licence applications
- 2026-03-31Primary record · Financial Sector Conduct AuthorityList of crypto asset service providers (CASPs) licensed under the FAIS Act — March 2026 (opens source in new tab)
Markets (from stated target markets): South Africa
Timeline
Status changes (tracker history), verified items and regulatory dates, newest first.
2026-04-15 · Item
South Africa's FSCA has approved 310 of 533 crypto asset service provider licence applications
Financial Sector Conduct Authority (South Africa)
2026-03-31 · Status
Listed on FSCA licensed-CASP list (March 2026 edition; earlier licence date not stated).
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