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Luno has obtained a Bermuda license, using the jurisdiction as a base to court institutional clients outside its established Africa and Asia-Pacific markets. The transmission channel is regulatory access rather than price: an offshore licence lets an exchange onboard funds, treasuries and professional counterparties that require a supervised venue, which over time supports order-book depth and fiat on-ramp capacity for majors such as BTC and ETH. Confirmation would come from disclosed product scope, custody and trading permissions under the licence and actual institutional volume or asset growth; absent those details, the near-term effect on spot liquidity and exchange competition remains unproven.
As a Policy signal, watch whether it changes price action, volatility, or flows around BTC, ETH.
Original Source: Yahoo Finance
This page is market information analysis, not investment advice.
Influencer Threads
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