WATCH: Prudential Authority issues directive on crypto monitoring

Business Day TV talks to Luno’s GM for Africa, Marius Reitz

Luno is assessing regulatory regimes in all 50 states to allow for its rollout in the course of the year, said Marius Reitz, its general manager for Africa. Picture: SUPPLIED

Luno has welcomed the Prudential Authority’s directive to discourage banks from cutting services offered to cryptocurrency firms. The regulator said cutting those services would make it difficult to monitor money laundering and terrorist financing.

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