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Luno
South Africa Starts Issuing Crypto Licenses With Luno, Zignaly Among First Recipients
Regulators in the country have said they plan to authorize up to 60 digital asset firms by April.

Why Some Crypto Firms Are Suspending Services in the U.K.
Bybit and PayPal have recently withdrawn certain services from the U.K. and Luno has halted some U.K. clients from investing in crypto – just ahead of tough new promotions rules for crypto firms coming into effect.

Luno to Halt Some UK Clients From Investing in Crypto as Regulation Looms
The U.K. Financial Conduct Authority crypto promotion rules will be effective by October 8.

Coinbase CEO Leaves Door Open to Relocating
Coinbase (COIN) CEO Brian Armstrong indicated that the crypto exchange would consider moving away from the U.S. if the regulatory environment for the industry does not become clearer. Separately, crypto exchange Luno is withdrawing from Singapore while the UAE's securities regulator is starting to accept license applications from crypto firms. "The Hash" panel discusses the global crypto shuffle.

Crypto Exchange Luno to Withdraw From Singapore
The firm will stop serving customers in the city state on June 20.

CoinDesk Indices Joins With Luno to Help South African Users Track Crypto Investment Bundles
The partnership between the CoinDesk subsidiary and crypto exchange will see the release of "Luno Large Cap Bundle," helping customers manage and maintain different investment strategies.

Crypto Exchange Luno Rejiggers Leadership Roles as It Seeks to Boost Investor Base, Eyes Public Listing
CEO Marcus Swanepoel is moving into a new role as executive chairman, and COO James Lanigan has been promoted to CEO.

DCG-Owned Luno Slashes 35% of Staff
Cryptocurrency exchange Luno is cutting 35% of its workforce, citing the "incredibly tough year" affecting the crypto market. "The Hash" panel discusses the latest fallout of crypto winter, as an estimated 29,000 jobs have been cut across the crypto industry since April of last year. Luno is owned by Digital Currency Group (DCG), which is also the parent company of CoinDesk.

Crypto Exchange Luno Cutting 35% of Its Staff
Luno said the cuts will affect employees in all regions.

Crypto Exchange Luno's Co-Founder Departed in December
Timothy Stranex also served as the company's chief technology officer.
