DCG subsidiary Luno will cease providing services to Singaporean users from June.
BlockBeats news, on April 17th, according to Techinasia, Luno, a cryptocurrency exchange platform and subsidiary of DCG, will stop providing services to new Singapore users from June 20th, 2023. Users need to withdraw all their cryptocurrencies or Singapore dollars from Luno before June 19th. If users fail to withdraw their cryptocurrencies by June 19th, these cryptocurrencies will be sold at the current market price and stored in Singapore dollars, with Luno's existing 0.75% instant trading fee applied.