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Zumo first to conform to FCA’s tech-based crypto promotion rules
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The FCA’s requirements are set to take effect from the 8th of October this year, and mandates enhanced consumer protection measures ensuring consumer confidence and security amidst a volatile backdrop where major players have paused their UK operations such as Chase UK.
Nick Jones Zumo CEO said: “The rigorous adherence to regulatory frameworks is not just about compliance but is a testament to our commitment to be the trusted and sustainable partner for digital assets, ensuring the safety and the integrity of the digital asset industry.”
Read more on finextra.comAbout this in other media
FCA bemoans lax response to new crypto promotion rules finextra.com /6 months ago
FCA issues 146 alerts to non-compliant firms on first day of crypto asset promotion regime finextra.com /7 months ago
FCA sends 146 alerts in first day of crypto promotion regime investmentweek.co.uk /7 months ago
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