RATE Group | Luno Becomes First Cryptocurrency Exchange to Receive Full Approval in Malaysia
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Luno Becomes First Cryptocurrency Exchange to Receive Full Approval in Malaysia

Luno Becomes First Cryptocurrency Exchange to Receive Full Approval in Malaysia

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Luno Becomes First Cryptocurrency Exchange to Receive Full Approval in Malaysia



by Vincent Fong

October 22, 2019

The Securities Commission of Malaysia has given full approval to Luno’s application to operate as a Recognized Market Operator (Digital Asset Exchange).

Luno is the first cryptocurrency exchange in Malaysia to receive this approval. The regulator has confirmed that Luno has satisfied all the required conditions and can now offer Malaysians the opportunity to buy, sell and store cryptocurrency on its platform. 

David Low Luno“We are extremely grateful to the Securities Commission for confirming Luno as a Recognized Market Operator. It has been a long journey for Luno, from our entry into the Malaysian market in 2015 to us becoming the largest digital asset exchange in 2017, and now being regulated by the Securities Commission. We’ve been working closely with regulators and banks from day one and…

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