Luno to open office in Kuala Lumpur by 1Q of 2018

12 Jan 2018, Kuala Lumpur.

Source: https://themalaysianreserve.com/2018/01/12/luno-open-office-kuala-lumpur-1q-2018/

Finally some good news to Malaysians that wanted to buy Bitcoin, but unable to do so.
Luno will open an office in Kuala Lumpur by the first quarter of 2018.

According to Luno's head of marketing and communications Werner van Rooyen, “We are planning to formally launch the Luno Business accounts later in the year. Proximity to our banking partners and the local regulators like Bank Negara Malaysia will help us provide better services to the local market".

Malaysian Ringgit (MYR) deposits and withdrawals has been suspended in Luno since Nov 2017. Many crypto-enthusiasts here then flocked to other Bitcoin exchange like Coinhako, but deposits for this exchange has also been suspended in January 2018.

Overall, this is a good news. Malaysians will have a more trust-worthy exchange like Luno.