According to Techinasia reports, DCG’s cryptocurrency exchange Luno will stop providing services to Singapore users starting from June 20, 2023. Users need to withdraw all cryptocurrencies or Singapore dollars from Luno before June 19. If users fail to withdraw their cryptocurrency holdings by June 19, they will be sold at prevailing market prices and stored in Singapore dollars, with Luno’s existing 0.75% instant transaction fee applied to the sale. The decision will not affect its operations in Malaysia. Luno said the move was part of a "regular review of its global strategy and presence."
