Articles about Luno

Crypto scams on the rise in SA

Scams and fraudulent misrepresentation remain among the most prevalent forms of fraud in digital currency.

Profit-taking cools Bitcoin rally

Despite the dip, analysts and major investment houses remain confident the bullish momentum is not over.

MoneyBadger secures R7m to bolster crypto adoption

The company looks to broaden its merchant partner ecosystem and venture into new markets on the continent.

Bitcoin sets new record amid global uncertainty

The crypto-currency’s new record high is being driven by buyers seeking a hedge against a weaker US dollar amid geopolitical risk.

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SA’s exchange control regulations too outdated for crypto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.