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Claire Huang Business Correspondent. PARAGRAPHIn a blog post on Monday, Luno said its services will no longer be available in Singapore from June 20, and that users should withdraw their assets from their Luno wallets by June Our operations in other regions are not impacted by this decision.
Back to the top. The London-based firm said it MAS had received a total of applications to provide digital payment token services in Singapore.
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| Crypto apps with the most coins | The leader in news and information on cryptocurrency, digital assets and the future of money, CoinDesk is an award-winning media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. Digital Currency Group-linked crypto firm Luno to exit Singapore, withdraw licence application. GMT on Wednesday in a live-streamed town hall. In September , Luno was acquired by DCG, which first invested in the platform in in a seed round. Digital Currency Group-owned firm recently announced the closure of its operation in Singapore, where Ayyar is based. He's leaving to pursue a new opportunity in the industry. |
| Gtx 1070 overclock ethereum | More On This Topic. Read more: U. Its founder Sam Bankman-Fried has pleaded not guilty to multiple fraud charges. In response to these rules, PayPal also said it would halt crypto purchases in October till The firm blamed the huge loss on the impact of collapsed crypto hedge fund Three Arrows Capital defaulting on a loan to digital currency lender Genesis, which DCG also owns. Ayyar held a number of roles at Luno over the years. International Digital Originals. |
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| Luno crypto news | 212 |
| How to buy harmony on binance | 216 |
| Binance chain explorer | Confidence in crypto slides in Singapore, but 4 in 10 polled in survey still invested in it. Ayyar, who is Luno's vice president of corporate development and international, resigned from the firm after seven years working there, he told CNBC Tuesday. VIDEO It also has stakes in Nasdaq-listed exchange Coinbase Global, payments network Ripple and crypto wallets Circle and Ledger. Beyond the Valley Videos. |
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As a result, all compliant. Newx is not the only intern for Business Insider and. Please note that our privacy privacy policyterms of that they would be unable do not sell my personal as of Oct. Edited by Aoyon Ashraf.
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