Articles about Luno

Crypto players call for reforms to unlock over R500m in extra tax

Updating SA’s crypto regulations to bring them in line with global best practice would generate at least R540 million in additional tax revenue, say industry players.

Rand’s win is South African Bitcoin investors’ loss

As Bitcoin stretches towards breaking its previous record high of $112 000, a stronger rand weakens some of the crypto-currency’s gains.

SA’s exchange control regulations too outdated for crypto

Judge Mandlenkosi Motha rules that the exchange control regulations, introduced in 1961, cannot be applied to crypto-currencies.

Crypto trades in South Africa bulked up in 2024

From getting licensed locally, to Bitcoin reaching new highs, crypto players in SA reveal their 2024 milestones and expectations for 2025.

South Africans can now buy property using crypto-currency

A new solution allows crypto-currency holders to convert digital assets into property ownership.

SA crypto experts weigh in on US election implications

Crypto investors initially expected a Trump victory, but Harris has gained ground, making it a tight race, with various crypto-currency scenarios in play.

Pick n Pay sees uptick in Bitcoin payments in stores

The retailer’s crypto payments jump to R1 million a month in sales, as shoppers pay for groceries, data, airtime and municipal bills using the digital currency.

South Africa makes start-up ecosystem inroads

Despite the current political limbo, South Africa comes up in the list of innovation economy winners in the latest global start-up ecosystem rankings.

ITWeb TV: Luno shifts focus to business, institutional investors

After recently receiving a financial services provider licence, the crypto exchange is looking to diversify its product offerings.

SA crypto service provider licensing to stimulate market

The legitimacy of the crypto FSP licences issued to SA crypto service providers will result in a fresh influx of investors.

SA crypto players upbeat over granting of licences

The licences approved by the Financial Sector Conduct Authority are expected to boost investor confidence and crypto adoption.

SA crypto players diversify portfolios with DeFi coins

Local players see a heightened appetite to embrace decentralised finance coins, which are growing in popularity globally.