On Thursdays, Luno, a cryptocurrency trading platform, received regulatory approval from South Africa’s Financial Sector Conduct Authority (FSCA), becoming one of the first legally recognized crypto businesses in the country. This approval falls under the Financial Advisory and Intermediary Services Act (FAIS) of 2002.
Christo de Wit, South Africa’s country manager at Luno, commented, “This development is advantageous for the cryptocurrency sector and South African residents. Our commitment to ensuring compliance, safety, and security for our customers has fueled our growth since inception. As we broaden our range of features and services for financial institutions, these values will remain our top priority.”
Currently, Luno PTY LTD has been added to the list of authorized companies by the regulatory body. Approximately 60 more companies are anticipated to receive approval in the near future.
Read More
- DEEP PREDICTION. DEEP cryptocurrency
- CRK Boss Rush guide – Best cookies for each stage of the event
- Ludus promo codes (April 2025)
- Summoners Kingdom: Goddess tier list and a reroll guide
- CXT PREDICTION. CXT cryptocurrency
- Castle Duels tier list – Best Legendary and Epic cards
- Mini Heroes Magic Throne tier list
- Maiden Academy tier list
- Kingdom Rush 5: Alliance tier list – Every hero and tower ranked
- Grimguard Tactics tier list – Ranking the main classes
2024-04-11 14:44