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 Luno Malaysia, Your experience, reviews, thoughts

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myers
post Dec 24 2017, 09:14 PM

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133 posts

Joined: Mar 2017
QUOTE(FatalExe @ Dec 24 2017, 06:43 PM)
I do not believe Luno will run at all. Why would they give up on an entire country's worth of revenue and profit, especially when Crypto finally made it to the mainstream now?

The only thing worrying is BNM and May bank. Who knows what they will do to Luno and the local exchanges
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It would be more profitable to tax or confiscate proceeds from known crypto currency exchange than banning it.

myers
post Dec 28 2017, 06:34 PM

Getting Started
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Junior Member
133 posts

Joined: Mar 2017
QUOTE(noleave @ Dec 28 2017, 05:42 PM)
Luno remains unable to process MYR deposits and withdrawals due to issues with Maybank.
We remain in constant talks with the relevant authorities, but we estimate that it will take a few weeks now to resolve the matter. This is due to the fact that we hit the holiday season and many officials were unavailable for a discussion.

Rest assured, our team is actively working on the situation and this remains our highest priority in the company at the moment. We apologize for this frustrating delay.

In the meantime, our customers are welcome to cancel their pending withdrawals. The funds will be returned to your Luno wallets, enabling you to buy BTC or ETH if you choose to do so.
Just visit https://www.luno.com/wallet/transactions , select the pending withdrawal at the top of the page, click on it and then choose the "stop" button in the transaction details.
Posted less than a minute ago. Dec 28, 2017 - 09:39 UTC
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Sound like account blocked by compliance or bnm.

This post has been edited by myers: Dec 28 2017, 06:42 PM

 

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