Author: Marius Reitz

Luno, South Africa’s oldest cryptocurrency exchange, welcomes the acknowledgement of the South African Reserve Bank (SARB) that the rapid rise in cryptocurrency adoption across South Africa necessitates an updated regulatory framework. The SARB’s acknowledgement is significant, and a step toward establishing pro-growth regulations that foster growth, protect consumers and unlock the benefits of the digital asset industry for all South Africans. Luno has consistently demonstrated a willingness to work alongside South African regulators and authorities, including the SARB, National Treasury, and SARS, to help develop a clear, forward-looking regulatory framework for crypto assets, including stablecoins. In the SARB’s 2025 Financial…