Crypto Exchange Luno Eyes US Expansion

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Crypto Exchange Luno Eyes US Expansion
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Crypto exchange LunoGlobal, one of the largest in Africa, is looking to expand into the U.S. during the course of 2022. By JamieCrawleyCD

Cryptocurrency exchange Luno is weighing up the regulatory regimes in the 50 U.S. states ahead of a planned rollout over the course of this year, the company's general manager for Africa, Marius Reitz“It is more complex than launching in an individual market because of the different states and different regulations within each of these states, so there’s lots of moving parts,” Reitz said.

The London-based exchange is one of Africa's largest and has 9 million customers worldwide. It also has offices in Singapore, Cape Town, Johannesburg, Lagos and Sydney.by blockchain investment firm Digital Currency Group, which is also the parent company of CoinDesk.

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