Luno to bring Ripple’s XRP trading in Malaysia by early 2020

XRP is not only a trading instrument but also a cross-border remittance digital currency according to Luno GM David Low.
Luno is focusing on customer safety and regulatory compliance.

John Isige FXStreet

The cryptocurrency trading platform, Luno Malaysia is set to add support for Ripple’s XRP trading at the beginning of 2020. The company considers XRP a viable asset as it has been approved by the Securities Commission (SC). The head of Luno Asia, Vijay Ayyar said in regards to the impending support:

“So it is definitely a possibility we are exploring. However, it is not yet listed on Luno. What we can say at this time is that we are planning to increase our cryptocurrency offerings as we grow, while keeping customer’s safety and compliance with regulations as our highest priority.”

Luno believes that XRP is experiencing high demand in the country not just as a trading asset but for cross-border transfers. Introducing XRP will have a positive impact on the market as it trades alongside Bitcoin and Ethereum.

Luno South-East Asia GM David Low told the Malaysian Reserve (TMR) that:

“Ripple also has a remittance use case which we are excited about. That’s why we want to introduce it to Malaysians, as it allows people on the platform to access and learn about it, and figure out new ways to use this technology for their benefits.”

In the meantime, XRP is exchanging hands at $0.21 after a subtle 0.8% loss on the day. The declines are not unique to XRP as Bitcoin is down 0.73% while Ethereum is trading 0.66% lower.

Author

John Isige

FXStreet

John Isige is a seasoned cryptocurrency journalist and markets analyst committed to delivering high-quality, actionable insights tailored to traders, investors, and crypto enthusiasts. He enjoys deep dives into emerging Web3 tren

Starknet unveils strkBTC, shielded Bitcoin transactions on Ethereum Layer 2

Starknet, the Ethereum Layer 2 network developed by StarkWare, today announced strkBTC, a wrapped Bitcoin asset that introduces optional shielding while preserving full DeFi composability.

Bitcoin, Ethereum, and Ripple consolidate with short-term cautious bullish bias

Bitcoin, Ethereum and Ripple are consolidating near key technical areas on Friday, showing mild signs of stabilization after recent volatility. BTC holds above $67,000 despite mild losses so far this week, while ETH hovers around $2,000 after a rejection near its upper consolidation boundary.

Ethereum Price Forecast: FG Nexus continues distribution amid signs of returning risk-on sentiment

FG Nexus, once dubbed an Ethereum treasury firm, resumed offloading the top altcoin on Wednesday, distributing 7,550 ETH, according to data from smart money tracker EmberCN.

Top Crypto Gainers: Stable and Decred rally, Pippin approaches record highs

Altcoins, such as Stable, Decred, and Pippin, are extending gains so far this week, defying the risk-averse conditions in the broader cryptocurrency market. Stable and Pippin are near record high levels, while Decred extends its breakout rally above $30.

Bitcoin Price Annual Forecast: BTC holds long-term bullish structure heading into 2026

Bitcoin (BTC) is wrapping up 2025 as one of its most eventful years, defined by unprecedented institutional participation, major regulatory developments, and extreme price volatility.

Bitcoin: Another month of losses, and it’s been five

Bitcoin (BTC) price is stabilizing around $68,000 at the time of writing on Friday, but the Crypto King is poised to close February on a fragile footing, marking its fifth consecutive month of losses since October and a rare start to the year with back-to-back monthly corrections.