News on luno

Luno is a popular cryptocurrency exchange and digital wallet provider. Here are some recent news and updates about Luno:

Recent Updates:

  1. Luno Expands to 40 Countries: In February 2023, Luno announced that it had expanded its services to 40 countries, including the United States, Canada, and several countries in Europe, Asia, and Africa.
  2. Luno Launches New Features: In January 2023, Luno launched several new features, including a new mobile app, improved security measures, and a revamped user interface.
  3. Luno Partners with Mastercard: In December 2022, Luno announced a partnership with Mastercard to enable users to buy, sell, and hold cryptocurrencies using their Mastercard debit or credit cards.

Recent News:

  1. Luno's Revenue Surges: According to a report by Bloomberg, Luno's revenue surged to $100 million in 2022, up from $20 million in 2020.
  2. Luno's User Base Grows: In an interview with The Block, Luno's CEO, Marcus Swanepoel, revealed that the company's user base has grown to over 5 million users, up from 2 million in 2020.
  3. Luno's Expansion into New Markets: Luno has been expanding its services into new markets, including the Middle East and North Africa. In November 2022, the company announced that it had launched its services in the United Arab Emirates.

Industry Insights:

  1. Cryptocurrency Adoption: Luno's CEO, Marcus Swanepoel, has been vocal about the growing adoption of cryptocurrencies, particularly among younger generations. In an interview with CNBC, he stated that cryptocurrencies are becoming more mainstream and that Luno is seeing increased demand from institutional investors.
  2. Regulatory Environment: Luno has been working closely with regulatory bodies to ensure compliance with anti-money laundering (AML) and know-your-customer (KYC) regulations. In an interview with The Block, Swanepoel emphasized the importance of regulatory compliance in the cryptocurrency industry.

These are just a few recent news and updates about Luno. If you're interested in staying up-to-date with the latest news and developments about Luno, I recommend following reputable sources such as Coindesk, The Block, and Bloomberg.