Luno has scrapped its application for a license in Singapore

[mylesillidge]

Luno terminates Singapore operation

Digital Currency Group’s Luno crypto exchange plans to pull out of the Singapore market and scrap its application for a license in the city state.

Luno’s services won’t be available in Singapore from June 20, and the exchange told the Monetary Authority of Singapore that it no longer wants a permit, the platform said in a blog post on Monday.

 

[mypetcow]

Reminds me of this…

Watch Skandal! Bringing Down Wirecard | Netflix Official Site

Upstart payment firm Wirecard wowed the financial industry with its runaway success — until a tenacious team of journalists exposed massive fraud.

www.netflix.com