Cryptocurrency products and services feature in a new clause in South Africa’s code of advertising practice introduced by the Advertising Regulatory Board.
Luno News
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DCG has reportedly received offers for CoinDesk exceeding $200 million in recent weeks, which at a purchase price of $500,000 would be a 39,900% return on its initial investment.
8165Industry insiders believe South Africa’s move to classify cryptocurrencies as financial products could drive the adoption and legitimacy of the sector.
3493The Springbok captain features in a new advertising campaign promoting a long-term attitude towards cryptocurrency investing in South Africa.
3893Luno exchange agreed not to post its Bitcoin ads in their current form again and promised to ensure that future ads would carry a proper risk warning.
9538Users of cryptocurrency exchange Luno can claim $14 in BTC rewards before Sunday.
14691After providing initial seed funding to Luno in 2014, Digital Currency Group has acquired the cryptocurrency exchange platform.
8775South Africa’s crypto exchange Luno reaches three million wallets, reporting a surge of trading volumes in August.
5654Luno CEO Marcus Swanepoel says that most of its users aren’t using Bitcoin to transact but for investment and speculation.
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