Just over five months since Malaysia’s tax authority took the decision to unfreeze SA bitcoin exchange Luno‘s Malaysian bank account, the startup says it is making progress in helping customers to get their money back.
The tax authority in January froze the startup’s Malaysia bank account with Maybank, after it launched a probe into the cryptocurrency company’s activities in Malaysia. It unfroze the account in February.
“We are making progress in Malaysia, but these things take time as you can understand,” Vijay Ayyar, who leads the Luno’s global countries team told Ventureburn in an email today.
“Our immediate priority was to help customers get their money back which is what [...]
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