Luno becomes one of the first crypto firms to receive a South African license

According to BlockBeats, on April 11, according to CoinDesk, the crypto trading platform Luno said it had obtained a license from the South African financial regulator, becoming one of the first regulated crypto entities in the country. South African regulators began accepting license applications from crypto companies after passing legislation in June 2023 to include cryptocurrencies in the scope of regulated financial activities.