
Luno
Stablecoins explode in Africa, but will regulators catch up?
A recent report found that 9.3% of Sub-Saharan Africans use stablecoins, the highest share globally, but limiting regulations poses the...
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
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
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
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?
Only two months since entering 2023, thousands have been laid off in the digital currency industry, but hopes of a...
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