
Building South Africa’s digital financial rails
The emergence of tokenised assets raises the question whether SA can develop trusted local infrastructure rather than rely on systems built elsewhere.

The emergence of tokenised assets raises the question whether SA can develop trusted local infrastructure rather than rely on systems built elsewhere.

Early industry reaction focuses the implications for stablecoin payments and self-custody wallets, and the compliance burden.

The bank says its AI-driven banking and fraud prevention systems have reduced fraud on flagged transactions by 85%.

Exchanges say the draft could affect routine crypto use, while one legal analysis questions whether the framework is truly more permissive.

Clients can link to their existing Luno accounts – or create one in-app – to buy, hold, and sell more than 50 crypto assets.