Luno Gets Approval Malaysia SC from to Offer LINK and UNI Trading

Digital asset exchange Luno announced that it is the first to be approved by the Securities Commission Malaysia to offer Chainlink (LINK) and Uniswap (UNI) for trading on its platform.

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Users can now buy, sell and store LINK and UNI on the Luno app and website, alongside its existing cryptocurrency offerings.

However, Luno said in a statement that while LINK and UNI meets its standards for safety, being listed on its app is not an endorsement of its future potential as an investment.

Luno went on to add that even though it assesses prospective assets based on security, compliance, and utility, the company would advise users looking to invest in crypto to do their research and exercise good judgement before investing.

Aaron Tang, Country Manager of Luno Malaysia shared: "While it's important to note that these newer crypto applications are still in their early stages, at Luno, we believe it is important that we give investors access to them while offering the careful guidance and rigorous security that we are known and trusted for."

"Support for any cryptocurrency requires careful technical and compliance review and is subject to regulatory approval by the Securities Commission of Malaysia. Our priority remains to ensure the same simple and secure experience that has enabled it to successfully support investors worldwide as they get started with cryptocurrency," he added.