Coinspeaker
Crypto Exchange Luno Expands Reach with Operational License in South Africa 

Luno, a crypto exchange based in London, United Kingdom, has expanded its global presence by acquiring an operational license in South Africa. The license approved by the Financial Sector Conduct Authority (FSCA) allows the company to enhance its customer service in the region and legally provide its products and services in the local market.

Market Entry and Compliance

Sharing the news on X (formerly Twitter), the company said it is the first dedicated digital assets trading platform in the African nation to obtain its Financial Services Provider license.

Luno is the first dedicated Crypto Asset Service Provider in South Africa to be awarded its Financial Services Provider licence 🎉

Read the full story here:https://t.co/D9rhnRVd5S pic.twitter.com/xj2qh7Kxfo

— Luno (@LunoGlobal) April 11, 2024

Luno has been in the business of providing innovative solutions for trading crypto assets since its launch in 2013. The company operates in over 4...