South Africa exits the FATF grey list

South Africa was removed from the FATF list of Jurisdictions Under Increased Monitoring after a multi-year action plan coordinated across Treasury, SARB and the FSCA. For crypto this is the continent's most consequential AML development of the half-year. Grey-list status was a standing objection institutional allocators raised against SA-regulated platforms, and its removal converts the country's CASP licensing regime from a compliance burden into a sales asset. Watch the knock-ons: Kenya's grey-list review was due at the June 2026 plenary, and Nigeria's action plan is in progress. Delisting is now the template other African jurisdictions will be measured against.