Crypto firm Luno to exit Singapore, withdraws licence application

Crypto firm Luno to exit Singapore, withdraws licence application

FILE PHOTO: Representations of cryptocurrencies Bitcoin, Ethereum and DogeCoin are placed on PC motherboard in this illustration taken, June 29, 2021. REUTERS/Dado Ruvic/Illustration/File Photo

Luno, the cryptocurrency subsidiary of crypto venture capitalist Digital Currency Group (DCG), will stop its services in Singapore from June 2023, about seven years since it started serving clients based in the city-state.

Edited by: Padma Priya

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