Luno, the encrypted money exchange platform, will be downsized by 20 per cent

On July 28, Luno, the encrypted currency trading platform under the DCG, will cut about 20 per cent of its workforce globally as part of the corporate restructuring plan. The company's CEO James Lanigan confirmed this information. In response to a question from the media, Lanigan stated that the reorganization would adjust the company ' s business layout, including expanding its business orientation to business clients (B2B) and cutting costs in line with the current market environment. However, he refused to disclose the number of specific employees involved in this reduction。