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<p>The time we are living in can we easily dubbed as the age of the crypo currency. Virtual currencies like Bitcoin and Coinbase are booming and seem to be on the rise in value. But how are these currencies doing locally? And is there really a future of Crypto in Africa?  Well South African born, global crypocurrency exchange, Luno says it has added almost a million new South African customers during 2020 and over 250,000 so far this year. Marcus Swanepoel, Founder and CEO of Luno joins CNBC Africa for more.</p>


Coinbase flotation a ‘watershed moment’ for crypocurrencies

Coinbase flotation a ‘watershed moment’ for crypocurrencies, says Luno CEO Swanepoel

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<p>Luno, South Africa’s largest cryptocurrency exchange has gone global. The company has been acquired by Digital Currency Group, a US based blockchain investor. Luno began in South Africa in 2013, and now has five million customers in over 40 countries. Marcus Swanepoel, Co-Founder and CEO of Luno joins CNBC Africa for more.</p>


Luno acquired by Digital Currency Group in the U.S

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<p>We have witnessed the rise and fall of cryptocurrency since 2017, but could there be gold at the end of the rainbow. According to the CEO and co-Founder of Luno, Marcus Swanepoel there is potential for this market to grow and it may be achieved through the introduction of smaller fintech and tech companies entering the space via partnerships with existing cryptocurrency companies. He joins CNBC Africa for more.</p>


Marcus Swanepoel

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Marcus Swanepoel

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