Most companies that have applied for crypto licences in South Africa are already registered as financial service providers.
Browsing: Luno
Simon Fishley, IT director at Luno, has always loved technology but “fell into IT by accident”.
South Africans with a Luno wallet or VALR Pay will soon be able to use bitcoin to buy their groceries.
South Africa will require that crypto exchanges in the country operate with licences by the end of the year.
Luno has launched ethereum staking in South Africa, a way for its customers to earn ether tokens passively.
The Luno crypto exchange plans to pull out of the Singapore market and scrap its application for a licence in the city-state.
Luno has appointed its chief operating officer, James Lanigan, as its new CEO as it seeks new funding and eyes a stock market listing.
Luno is cutting 35% of its total workforce, the latest in a slew of companies in the digital assets sector to reduce headcount.
The Advertising Regulatory Board is adding a new clause to the Code of Advertising Practice that deals with cryptocurrency products.
Cryptocurrency exchange Luno has appointed Christo de Wit as country manager of its South African operation, it said on Friday.