Crypto exchange Luno quits Singapore

Luno has told the Monetary Authority of Singapore that it will stop providing services to customers in the country by June 20.

Luno is withdrawing its application for a license to operate in the Southeast Asian city-state.

Luno assured customers in neighboring Malaysia that the exchange will continue to operate there.

Customers in Singapore have until June 19 to withdraw all funds they hold on the platform.


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