Luno to cut 20% of global workforce in pivot toward institutional B2B services

Luno , the international cryptocurrency exchange owned by parent company Digital Currency Group (DCG), is reducing its global head count by approximately 20% as part of a sweeping corporate reorganization. Chief Executive Officer James Lanigan confirmed the workforce reductions, citing ongoing retail crypto trading volatility and an accelerated pivot toward business-to-business (B2B) infrastructure services. Lanigan declined to disclose the precise number of employees impacted by the restructuri