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UK FCA Authorized Electronic Money Institution Ziglu Adds Tezos

FCA authorised electronic money institution Ziglu adds Tezos after a community vote, where the Tezos community achieved 56% of the total ballot.

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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.”

Disclaimer

Nature of Content: All content published on https://xtz.news, whether written, auditory, or visual, is for informational purposes only. Opinions expressed therein are solely those of the individual authors and do not reflect the views of XTZNews or its management.

Not Financial Advice: No content on this website constitutes investment, financial, legal, or tax advice. Users should not construe any such information as a recommendation to buy, sell, or hold any investment or security or to pursue any particular investment strategy.

Accuracy and Completeness: While XTZNews makes every effort to ensure the accuracy and reliability of information, we do not warrant or guarantee the timeliness, completeness, or accuracy of the information presented. The website may contain errors, omissions, or inaccuracies. We disclaim all warranties, both express and implied, regarding the information, including but not limited to, any warranty of merchantability or fitness for a particular purpose.

Endorsements: References to specific entities, products, services, processes, or other information does not constitute or imply endorsement, sponsorship, or recommendation by XTZNews. Blockchain technology is in a developmental phase, and the engagement with the technology and its associated entities carries inherent risks.

User’s Responsibility: Users are encouraged to conduct their own research and due diligence and to seek the advice of qualified professionals before making any investment or decisions related to content on this site. Engaging with blockchain technology, cryptocurrencies, and associated applications should be undertaken with caution, understanding the inherent risks involved.

Limitation of Liability: Under no circumstances will XTZNews or its affiliates, partners, officers, directors, employees, shareholders, agents, or licensors be liable for any direct, indirect, incidental, special, consequential, or punitive damages, including without limitation, loss of profits, data, use, goodwill, or other intangible losses, resulting from (i) your access to or use of or inability to access or use the site; (ii) any content obtained from the site; or (iii) unauthorized access, use, or alteration of your transmissions or content, whether based on warranty, contract, tort (including negligence), or any other legal theory, whether or not we have been informed of the possibility of such damage, and even if a remedy set forth herein is found to have failed its essential purpose.

Seek Independent Advice: Before undertaking any financial investments, potential investors are advised to seek guidance from independent financial, legal, and tax professionals.

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