Thursday, February 29, 2024
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Luno

Luno Divulges What 2024 Has in Store for Cryptocurrency

Bitcoin blasted into 2024 on a high note touching a 21-month peak and the groundbreaking approval of spot exchange traded funds (ETFs) for Bitcoin, according to Luno, South Africa’s largest crypto investment app. Bitcoin ETFs are significant as they open...

Cryptocurrency firm Luno Appoints New Country Manager for South Africa

Cryptocurrency investment company Luno has announced the appointment of Christo de Wit as its new South African country manager. Luno says De Wit hails from South Africa but brings years of experience in global businesses, having served leadership roles at...

SA Reserve Bank Confirms Banks Can Work With Crypto Exchanges

The South African Reserve Bank’s (SARB) Prudential Authority this week has reportedly issued guidance to confirm that banks in the country can work with crypto exchanges. This is according to the international crypto exchange Luno. Marius Reitz, GM for Africa...

Who is Buying Crypto in South Africa?

The average South African crypto buyer is most likely to be male, spends about $29.38 on the first purchase and holds onto it for about eight months, according to data from Luno, the largest crypto platform in the country...

South Africans Are “Extremely Bullish” About Crypto – Luno

Cryptocurrency buying and selling platform Luno has conducted a survey of over 1000 of its customers in South Africa in August 2021, along with customers in the UK, Malaysia and Indonesia. Luno found that 82% of South Africans who hold...

Bitcoin Surges Above $50,000 for First Time Since May

On Sunday, Bitcoin surged to $50,000 in a more than 3-month high. The cryptocurrency continues to rebound since reaching similar heights in May but tumbling since. The unit climbed above the $50,000 level around 4:40 AM CAT on Monday, according...

Is Now the Right Time to Buy Bitcoin?

Luno, South Africa’s leading cryptocurrency exchange, says you are still an early adopter if you are buying crypto for the first time even now. “The world has just started to recognise the potential of cryptocurrencies, so there is definitely more...

South African Property Firm First to Accept Crypto for Rental Deposits

Quorum Holdings, an affordable residential and student housing specialist is the first property firm in South Africa to accept rental deposits in cryptocurrency tokens and to allow prospective tenants to potentially benefit from an increase in value. While rental deposits...

Luno Records $8.3 Billion in Transactions Worldwide

Luno has recorded $8.3 billion in transactions worldwide after recently adding nearly a million new South African customers to its crypto platform. An estimated 15% of South Africans have invested in bitcoin – the second-highest percentage in the world according...

South African Luno Users to Earn Interest on Bitcoin and Ethereum

South African-founded Luno will let customers earn interest on Bitcoin, Ethereum, and USDC - allowing users to earn passive income on their cryptocurrencies. These cryptos are now available in the platforms savings wallet. Users can expect up to 4% interest...
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Navigating Business Complexity with Digital Innovation

As business leaders navigate the multifaceted challenges resonating across industries, the current climate presents a landscape of economic hardships,...
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