Cryptocurrency exchange platform Luno will lay off 20% of its staff

According to Bloomberg, DCG's cryptocurrency trading platform Luno will cut about 20% of its workforce globally as part of the company's restructuring plan. The company's CEO James Lanigan confirmed this news.

In response to media inquiries, Lanigan stated that the restructuring will adjust the company's business layout, including expanding its business aimed at corporate clients (B2B) and reducing costs based on the current market environment. However, he declined to disclose the specific number of employees affected by the layoffs.