The crypto exchange was quick to respond to the FSCA's press release yesterday. Basically, it said that it does not recognize the authority of the FSCA.
source https://www.google.com/url?rct=j&sa=t&url=https://bitcoinist.com/south-africa-regulator-warns-against-crypto-exchange-binance/&ct=ga&cd=CAIyGjBkZWE0Yjc3NzNlM2I2MDQ6Y29tOmVuOlVT&usg=AFQjCNFoEpy8d2ibGVQdM_RJ2D16n04joA
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