Luno recently gained approval from the Securities Commission Malaysia (SC) to add two more altcoins, Hedera (HBAR) and The Graph (GRT), to its portfolio. That brings the total number of coins the cryptoexchange can service to 22 options.
“We’re pleased to receive SC’s approval in listing HBAR and GRT to all Malaysians, with our customers having fi rst access to invest and trade them starting today. The addition of these two digital assets follows a rigorous screening process by Luno, which evaluates potential assets against strict technical, regulatory, and legal criteria to ensure their feasibility and suitability for introduction in Malaysia, as well as other markets across APAC, Europe, and Africa. Shortlisted coins are then proposed to the SC for a country-wide approval, allowing the Malaysian public to invest or trade the respective digital assets,” Scarlett Chai, Country Manager of Luno Malaysia.
HBAR is a high-performance, energy-efficient public network that leverages hashgraph consensus for fast, secure, and low-cost transactions, with predictable fees and enterprise-grade governance, enabling sustainable and scalable decentralised applications (dApps). As for GRT, the coin is a decentralised indexing protocol that enables efficient querying of blockchain data, making it easier for developers to build performant and reliable dApps across multiple blockchains.
(Source: Luno)
