zumo

Zumo first to launch platform built to meet the tech requirements of the FCA’s new Financial Promotions Regime for Crypto Assets

  The award-winning platform has set a new benchmark in consumer protection and regulatory alignment With some UK operators having to pause activity, Zumo’s financial promotions technical flow is now also available through its B2B API to support unregistered firms with remaining compliant after the 8 October deadline [London/Edinburgh - Friday 29 September 2023] Zumo, the UK-based digital-asset-as-a-service platform, has announced a significant industry milestone as it becomes the first digital asset platform to have integrated tech based requirements of the Financial Conduct Authority’s (FCA’s) new financial promotions regime for

UK cryptocurrency businesses celebrate normalisation as Bitcoin exceeds $20k for the first time

The milestone coincides with today's FCA approval for a Temporary Registration Regime for UK crypto assets Cryptocurrency businesses are today celebrating a historic milestone for Bitcoin as the asset exceeded $20k for the first time this afternoon. Although many commentators attribute the cryptocurrency's year-long rally to increasing popularity with institutional investors, there is also evidence of growing popularity and usage at a mass consumer level with the ground set for further growth in 2021. Nick Jones, founder, and CEO of Zumo, a UK-based crypto wallet and exchange platform, said: "The