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Luno

South Africa issues digital currency licenses to Luno, VALR
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20 April, 2024

South Africa issues digital currency licenses to Luno, VALR

The Financial Sector Conduct Authority announced in 2023 that all VASPs had to obtain a license or shut down by...
Luno ceases service for some UK customers amid tough new rules: report
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13 September, 2023

Luno ceases service for some UK customers amid tough new rules: report

Luno told one news outlet that the Financial Conduct Authority’s new rules, taking effect in October, necessitate a business review...
South Africa demands licensing for digital asset exchanges by December
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13 July, 2023

South Africa demands licensing for digital asset exchanges by December

The FSCA says 20 exchanges have submitted applications, including Digital Currency Group-owned Luno, with the new licensing requirement meant to...
Digital Currency Group’s Luno exchange cuts off Singaporean users
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19 April, 2023

Digital Currency Group’s Luno exchange cuts off Singaporean users

After laying off 35% of its staff in January, Luno is now ceasing its services in Singapore amid increased regulatory...
Brutal layoffs continue in the digital currency industry—is this the worst bear market yet?
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2 March, 2023

Brutal layoffs continue in the digital currency industry—is this the worst bear market yet?

Only two months since entering 2023, thousands have been laid off in the digital currency industry, but hopes of a...
Digital Currency Group-owned exchange Luno axes 35% of staff
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27 January, 2023

Digital Currency Group-owned exchange Luno axes 35% of staff

It's estimated that the firm will cut 330 jobs, mostly in its marketing department, giving some insight into how industry...
Digital Currency Group’s Luno exchange cuts staff, Grayscale won’t cut fees
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26 January, 2023

Digital Currency Group’s Luno exchange cuts staff, Grayscale won’t cut fees

In a 'town hall' meeting on January 25, U.K.-based digital assets exchange Luno revealed that around 35% of them were...
Exclusive: Nigeria’s digital currency community speaks out on central bank ban
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9 March, 2021

Exclusive: Nigeria’s digital currency community speaks out on central bank ban

Despite thriving for years now, Nigeria’s digital currency industry faces its biggest threat yet following a central bank ban that...
Why Africa is the next frontier for digital currency
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24 May, 2020

Why Africa is the next frontier for digital currency

A new report by Luno and Arcane Research has delved into the African digital currency market, acknowledging the opportunities and...
Africa’s digital currency exchanges strong as ever despite the pandemic
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12 April, 2020

Africa’s digital currency exchanges strong as ever despite the pandemic

Africa’s digital currency exchanges have continued to register constantly high trading volume despite the COVID-19 pandemic, with some even increasing...
Luno opens new opportunities in Africa with crypto’s help
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16 February, 2020

Luno opens new opportunities in Africa with crypto’s help

Africa’s cryptocurrency industry has continued to grow as more people wake up to the massive opportunity that Bitcoin offers.
Crypto linked bank accounts shut down in South Africa: report
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20 November, 2019

Crypto linked bank accounts shut down in South Africa: report

Crypto linked bank accounts shut down in South Africa: Report