Bank · South Africa
Discovery Bank
Discovery Bank Limited · discovery.co.za/bank (opens source in new tab)
Crypto readiness score
2/3 status dimensions verified · 1 initiative · last verified 2026-11-12
Score breakdown
How the number above is built — every input is a verified tracker status with a dated source.
| Component | Weight | Points | Basis (verified input) |
|---|---|---|---|
| Commercial availability | 35 | 35 | Live — commercial, within explicit scope · initiative |
| Regulatory standing | 25 | — | No verified status — not scored |
| Technical delivery | 20 | 20 | Live — commercial, within explicit scope · initiative |
| Product breadth | 15 | 5 | 1 product category with a verified status: Crypto services |
| Recent verified activity | 5 | 5 | Last verified change 2025-12-02 |
Score = sum of points, rounded. Only verified tracker statuses count; “Unknown” earns nothing and is never estimated. Methodology
Initiatives (1)
Regulatory, technical and commercial status are kept separate: an authorisation is not a launch.
Crypto services · South Africa
Discovery Bank: crypto trading in the banking app via Luno
- regulatory
- Unknown
- technical
- Live — commercial, within explicit scope2025-12-02
- commercial
- Live — commercial, within explicit scope2025-12-02
Discovery Bank announced on 13 November 2025 that it would add crypto trading in more than 50 crypto assets from December 2025 as the first mobile bank to partner with Luno. On 2 December 2025 it said clients can now link a Luno account in the Discovery Bank app to buy, sell and track crypto such as Bitcoin, Ethereum, XRP and Litecoin, with free instant transfers to the Luno wallet.
Scope: South Africa; retail, via partner platform Luno (the bank integrates; Luno executes and holds the crypto).
In tracker · last verified 2026-11-12
Licences & registrations
Regulator records (or MiCA Art. 60 notifications — a notification, not an authorisation).
No licence or registration record in our verified data. This means “not reviewed”, not “unlicensed”.
Partners & providers
From tracker records and verified item text only. “Co-named” means both appear in the same source — open it for context. Full map
- BCV · named role (tracker) · crypto platform partner
Regulator records & actions
Register entries and regulator publications that name this institution.
None in our verified data.
Markets (from stated target markets): South Africa
Timeline
Status changes (tracker history), verified items and regulatory dates, newest first.
2025-12-02 · Status
Bank says crypto is now available in the app via the Luno integration.
2025-12-02 · Status
Bank says clients can now link a Luno account and buy, sell and track crypto in the app.
2025-11-13 · Status
Bank announces crypto trading with Luno from December 2025.
Data: /api/banks.json (CC BY 4.0) · Spot an error? Corrections
One email a week.
Bank initiatives, licences and status changes like the ones on this page land in the brief the week they are verified.
Free, weekly. Every fact sourced.
cryptobanking.news
The weekly brief is free. Sign up in one step on our beehiiv page.
Subscribe on beehiiv ↗Form not loading? Subscribe on beehiiv ↗