Blockchain/Bitcoin
Luno Enabled US$ 52 Billion Crypto Transactions With 10 Million Customers on Board
Luno, a regulated digital asset exchange in Malaysia, announced that it has surpassed 10 million customers across over 40 countries, showing a growth of 35% year-on-year in its global customer base. The company said that it had gained an additional
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Malaysian Women’s Interest in Crypto Is Skyrocketing, Says Luno
Luno, a regulated digital asset exchange in Malaysia, shared that its female users have grown from 16,000 in 2020 to more than 120,000 in 2021, an increase of more than sevenfold. In addition, the transaction volume of female users has
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SC Registers Two Initial Exchange Offering (IEO) Operators
The Securities Commission Malaysia (SC) today announced that it has registered two Initial Exchange Offering (IEO) operators, Kapital DX Sdn Bhd and Pitch Platforms Sdn Bhd, to promote responsible innovation in the digital assets space. The registered IEO operators will
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Luno Launches Early-Stage Investment Arm to Back Over 200 Fintech Startups
Luno, a wholly-owned subsidiary of Digital Currency Group (DCG), announces the launch of Luno Expeditions, a global, early-stage investment arm for fintech, crypto and web3 startups. The investment arm will now spearhead all of DCG’s early stage investing. The team
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Binance Takes Strategic Stake in Malaysian Crypto Exchange MX Global
MX Global today announced an equity investment into the company from Binance, one of the world’s largest crypto exchanges. In addition, MX Global also landed another investment for Redeemable Convertible Preference Shares (RCPS) into the company by Cuscapi Berhad, a
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Luno Rakes up Over Half a Million Malaysian Users in 2021
Malaysian digital asset exchange Luno announced that it had garnered more than 600,000 customers at the end of November 2021. Luno said in a statement that this is a marked increase of over 233% year-on-year (YoY) from around 180,000 customers
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Malaysian Crypto Startup Torum Secures Investment from KuCoin
Torum, a crypto startup who describes itself as a SocialFI Metaverse ecosystem for cryptocurrency users and projects announced today that they have secured a undisclosed sum of strategic investment from KuCoin Labs, the US$ 50 Million incubator and research of
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SC Issues Cease and Desist to Rimau Swap for Illegally Operating a DEX
Following information received from the public, the Securities Commission Malaysia (SC) has issued a cease and desist order to RimauSwap for operating a Decentralized Exchange (DEX) without authorisation from the SC. The SC will also seek the assistance of the Malaysian
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62% of Malaysians Open to Investing in Cryptocurrencies
Luno, a regulated digital asset exchange in Malaysia, announced the completion of an online nationwide survey aimed at understanding the financial management habits of everyday individuals. Conducted by YouGov, the data was collected from more than a thousand Malaysian adults
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MX Exchange Gets Green Light to Trade Cryptos, Appoints Former MDEC C-Level as CEO
MX Exchange has been granted full approval by the Securities Commission Malaysia (SC) to operate as Recognised Market Operator-Digital Asset Exchange (RMO-DAX) for the trading of cryptocurrencies in Malaysia, making it the fourth DAX permitted to operate in Malaysia. The
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