SC gives Luno nod to operate cryptocurrency business

The London-headquartered Luno said it had satisfied all the required conditions under the SC and it can now offer Malaysians the opportunity to safely buy, sell and store cryptocurrency on its platform.

KUALA LUMPUR: Luno is the first cryptocurrency exchange to be given the approval by the Securities Commission (SC) to operate as a recognised market operator (digital asset exchange).

In a statement issued on Tuesday, the London-headquartered Luno said it had satisfied all the required conditions under the SC and it can now offer Malaysians the opportunity to safely buy, sell and store cryptocurrency on its platform.