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 cryptoasset firms, set to take effect from 8 October 2023. This early compliance underscores Zumo’s unwavering commitment to setting the highest standards in regulatory alignment and consumer protection. The new regulation by the FCA mandates enhanced consumer protection measures, a development that Zumo has seamlessly integrated, ensuring consumer confidence and security amidst a volatile backdrop where major players have paused their UK operations.
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