UK FCA Authorized Electronic Money Institution Ziglu Adds Tezos

Ziglu

Ziglu are a FCA authorised electronic money institution based in the UK. They provide digital payment services, and are regulated by the Financial Conduct Authority as an Electronic Money Institution. It is stated that they are:

We are also one of the world’s first companies to comply with FATF global regulation of digital currencies, implemented by over 200 countries and jurisdictions.

One thing that is unique about Ziglu is that they provide insurance of up to £50,000 for digital assets covering against cyber attacks.

They also have a debit card facility provided by Mastercard, which allows users to spend from their GBP account.

Ziglu And Tezos

Ziglu added Tezos after a community vote, where the Tezos community achieved 56% of the total ballot. You can see this vote here.

Tezos becomes the fifth currency to be added to Ziglu accompanying: Bitcoin, Bitcoin Cash, Ether and Litecoin.

Mark Hipperson, Ziglu founder and Chief Executive Officer and former CTO at Starling Bank said on the addition:

“It is important to us that our customers can contribute, tell us what features they want and be involved in the future development of Ziglu. We opened a vote to our community, offering four cryptocurrencies and they overwhelmingly selected Tezos.

Tezos is an exciting choice for us as it is definitively open and community-driven, which aligns strongly with our core values of inclusion and accessibility for all.”