Prudential Authority issues directive on crypto monitoring
Prudential Authority issues directive on crypto monitoring

Prudential Authority issues directive on crypto monitoring

Lungelo Mpangase

6 min
News
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Description

Luno has welcomed the Prudential Authority’s directive to discourage banks from cutting services offered to cryptocurrency firms. The regulator says cutting these services will make it difficult to monitor money laundering and terrorist financing. Business Day TV discussed this with Luno's General Manager for Africa, Marius Reitz.

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