luno – DIGIT INFO

Luno, Zapper Partner for Crypto Payments at 31,000 Merchants

DIGIT — Tue, 08 Oct 2024 08:30:48 +0000

South African crypto exchange Luno has partnered with Zapper to enable crypto payments at over 31,000 merchants. This partnership aims to expand crypto’s use beyond investment and into daily transactions. The partnership is part of a broader trend in South Africa, with other exchanges like Valr and supermarkets like Pick n Pay also accepting crypto […]

Go to Source

Protocol Labs, Chainalysis and Bittrex add to crypto layoff season

DIGIT — Sat, 04 Feb 2023 02:45:45 +0000

Crypto execs suggested that the “extremely challenging” times forced them to cut jobs in order to “weather this extended” crypto winter.

Go to Source

Report: Luno Africa Says Customers and Operations Not Affected by Turmoil at Genesis Capital

DIGIT — Fri, 25 Nov 2022 09:30:59 +0000

Just days after reassuring concerned customers, Marius Reitz, the general manager of crypto exchange Luno Africa, recently reiterated the company has not been impacted by Genesis Capital’s decision to pause withdrawals. He added Luno customers still have access to funds in the savings wallet despite its lending partner’s decision to freeze withdrawals. Customers Retain Access […]

Go to Source

South African rugby icon Siya Kolisi headlines new crypto advertising campaign

DIGIT — Mon, 29 Aug 2022 13:14:38 +0000

The Springbok captain features in a new advertising campaign promoting a long-term attitude towards cryptocurrency investing in South Africa.

Go to Source

Luno Launches Venture Fund to Invest in Over 200 Crypto and Fintech Startups per Year

DIGIT — Fri, 18 Mar 2022 23:30:59 +0000

Luno cryptocurrency exchange recently announced the launch of an investment arm, Luno Expeditions, whose objective is to invest in fintech, crypto, and Web3 startups globally. The investment arm will target digital assets and later-stage companies starting from Series A upwards. Funding Over 200 Startups per Year One of Africa’s pioneering cryptocurrency exchanges, Luno, recently announced […]

Go to Source

Yellow Card Announces It’s Resuming Deposits and Withdrawals via the Naira

DIGIT — Tue, 11 Jan 2022 04:30:49 +0000

Yellow Card has announced the resumption of naira deposits and withdrawals in Nigeria via a statement from the cryptocurrency exchange platform. The move by the company comes almost a year after a central bank directive forced Yellow Card to suspend deposits and withdrawals. CBN’s Growing Interest in Digital Currencies Almost a year after suspending services […]

Go to Source

Report: Kenya Set to Scale Up Adoption of Cryptocurrencies in 2022

DIGIT — Mon, 10 Jan 2022 06:30:01 +0000

In his Africa crypto market predictions for 2022, Marius Reitz, the general manager for Luno in Africa, has predicted that Kenya will scale up the adoption of cryptocurrencies. To support this assertion, Reitz points to Kenya’s as position as the leader in the world’s peer-to-peer (P2P) traded volumes for the second year running. Kenya’s Booming […]

Go to Source

Luno CEO: ‘Industry Accelerated a Lot Faster This Year Than We Anticipated’

DIGIT — Thu, 16 Dec 2021 12:00:15 +0000

The pace of the crypto industry’s acceleration in 2021 has surprised many, including Marcus Swanepoel, CEO of cryptocurrency exchange Luno. Swanepoel recently remarked: “We knew it was coming, but just not that fast, particularly in certain subsectors like NFTs and some altcoins.” Subsectors at ‘Top of Their Hype Cycle’ The acceleration of the crypto industry […]

Go to Source

UK Bans Crypto Ads by Papa John’s Pizza, Coinbase, Etoro, Luno, Kraken

DIGIT — Thu, 16 Dec 2021 03:30:19 +0000

The U.K. advertising watchdog has banned several cryptocurrency ads, including those by Papa John’s Pizza, Coinbase, Kraken, Etoro, and Luno. The authority says the ads are “misleading” and “irresponsibly taking advantage of consumers’ inexperience.” 7 Crypto Ads Banned by UK Authority The Advertising Standards Authority (ASA) banned seven cryptocurrency ads Wednesday. The ads are for […]

Go to Source

South African Exchange Sets New Crypto Withdrawal Limits — Restrictions ‘a Deterrent for Illicit Actors’

DIGIT — Thu, 09 Sep 2021 03:30:31 +0000

One of South Africa’s biggest cryptocurrency exchanges, Luno, has confirmed that it has started restricting withdrawals by clients. The exchange insists the limits are meant to “act as a deterrent for illicit actors moving large amounts of funds within the crypto ecosystem.” Transfers From Luno to Binance Blocked However, despite this acknowledgement, Luno has so […]

Go to Source