Posts Tagged ‘crypto’

Luno Receives Payments In-Principle Approval from MAS in Singapore

Thursday, April 28th, 2022

Global retail cryptocurrency platform Luno has obtained in-principle approval (IPA) from the Monetary Authority of Singapore (MAS) to provide Digital Payment Token Services (DPT) in Singapore.

Luno’s global customer base grew by 35% year-on-year and aims to bring cryptocurrency to over 1 billion customers by 2030.

Luno’s global customer base grew by 35% year-on-year and aims to bring cryptocurrency to over 1 billion customers by 2030.

Luno Singapore has been granted in-principle approval from the MAS, under the Payment Services Act (PSA), to provide DPT services in Singapore.

This milestone marks Luno as the first global retail-focused cryptocurrency platform in Singapore to obtain IPA from the MAS, which will enable the accessibility of cryptocurrency in a well-regulated environment that safeguards the interest of consumers.

More details below from the press release.

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Fee-less Luno Fund Transfer from Banks to Crypto Wallets

Monday, October 25th, 2021

Luno users will be able to transfer funds without intermediary parties or delays, from any local SGD-denominated bank accounts to their cryptocurrency wallets at no fee.

Luno is one of the first in Singapore to officially launch direct SGD bank transfers, enabling $0-fee deposits through local SGD-denominated bank accounts, making digital assets more accessible to new and seasoned investors in Singapore.

Luno is one of the first in Singapore to officially launch direct SGD bank transfers, enabling $0-fee deposits through local SGD-denominated bank accounts, making digital assets more accessible to new and seasoned investors in Singapore.

Luno, a global cryptocurrency company, is officially launching a direct SGD bank transfer feature, promising a fast, safe and hassle-free way to invest.

Luno offers multiple core features to deliver a seamless experience for new and seasoned investors alike, offering access to popular cryptocurrencies, such as Bitcoin (BTC), Ethereum (ETH), Ripple (XRP), Litecoin (LTC), Bitcoin Cash (BCH) and USD Coin (USDC).

More details below from the press release.

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