Tagged: zumo

May 15, 2025 @ 9:51 am By JD Alois  |  

Coinbase (NASDAQ:COIN), the only publicly traded crypto exchange in the US, is reporting it was the target of a cyber attack that saw criminals attempt to extort $20 million from the firm to make it all go away. According to a blog post, bad actors… Read More

January 26, 2025 @ 3:20 pm By Omar Faridi  |  

Zumo, the B2B digital assets platform, released survey report exploring the preparedness of Crypto-Asset Service Providers (CASPs) for the EU’s incoming Markets in Crypto-Assets (MiCA) regulation, with “a particular focus on sustainability requirements.” The MiCA CASP Sustainability Readiness Assessment snapshot report highlights a “sustainability compliance… Read More

December 30, 2024 @ 8:47 am By Omar Faridi  |  

Nick Jones, Founder and CEO, Zumo, has shared three trends that he thins will shape the digital assets sector in 2025. According to Nick Jones from Zumo, the regulatory gaze will intensify. He noted that it is fair to say that regulation usually “lags behind… Read More

November 7, 2024 @ 11:30 am By JD Alois  |  

  Former President Donald Trump has delivered a crushing blow to Vice President Kamala Harris and the broader Democrat party. For the moment, there is a lot of introspection and finger-pointing as to how Trump could have won both the Electoral College and the popular… Read More

September 19, 2024 @ 9:06 am By Omar Faridi  |  

Zumo, the B2B digital assets infrastructure, has launched a new out-of-box feature that enables crypto-asset service providers (CASPs) active in the European Union (EU) to comply with the upcoming sustainability requirements of the Markets in Crypto-Assets (MiCA) regulation. MiCA was introduced to implement “uniform EU… Read More

August 24, 2024 @ 10:48 pm By Omar Faridi  |  

Zumo, the B2B digital assets infrastructure, has signed the Abu Dhabi Sustainable Finance Declaration, reinforcing its commitment to a greener financial services industry as it extends its reach further into the region. The Abu Dhabi Sustainable Finance Declaration “is a voluntary membership-based initiative launched by… Read More

August 8, 2024 @ 2:17 pm By JD Alois  |  

While the UK is pretty crypto-friendly compared to the US, this does not mean you can flout existing rules. Yesterday, the Financial Conduct Authority (FCA) issued a statement warning digital asset firms to comply with rules. If certain unnamed firms do not improve, “we will act,” the… Read More

June 25, 2024 @ 8:15 am By Omar Faridi  |  

According to new data released ahead of the upcoming UK general election, more than a third of young adults in the UK believe crypto is an important electoral issue. Research commissioned by Zumo, the B2B digital assets infrastructure, and conducted by Focaldata “reveals 34% of… Read More

February 25, 2024 @ 9:17 pm By Omar Faridi  |  

Zumo, the B2B digital assets infrastructure that prioritizes sustainability, has announced the appointment of Jason Tucker-Feltham as the company’s new Head of Sales. Tucker-Feltham is said to be “an experienced crypto sales, business development and capital introduction professional.” Prior to joining Zumo, he had reportedly… Read More

September 29, 2023 @ 10:50 am By JD Alois  |  

  Digital asset as a service firm Zumo reports that it now adheres to the new Financial Conduct Authority (FCA) requirements when promoting digital assets or crypto. Zumo says it is the first platform to adhere to the new rules. Zumo says that some platforms… Read More

June 8, 2023 @ 11:46 am By JD Alois  |  

As was previously covered, the UK Financial Conduct Authority (FCA) has proposed new marketing rules for crypto offerings. The rules aim to largely align with current financial product requirements while also incorporating a “cooling off period.” In brief, digital asset investors must acknowledge they can… Read More

May 18, 2023 @ 7:23 am By JD Alois  |  

Digital asset industry participants are pushing back against the Parliament Treasury Committee’s report on crypto that declared the asset class should be treated like gambling. The statement was predicated on the opinion that many cryptocurrencies hold no intrinsic value – except for speculation. The Chair… Read More

October 15, 2022 @ 2:32 pm By Omar Faridi  |  

Zumo, the UK-based wallet and crypto-as-a-service enterprise solution provider, has announced at Sibos 2022 that it has “become the latest member of the World Economic Forum’s Crypto Sustainability Coalition.” Part of the wider Crypto Impact and Sustainability Accelerator, the newly formed coalition will explore “how… Read More

June 23, 2022 @ 8:04 am By Omar Faridi  |  

Zumo, the Edinburgh-based crypto wallet and payments platform, has appointed Clark Povey as its new Operations Director “to shape the moments that matter in people’s crypto experience.” Clark has more than 20 years’ experience “leading global operations at financial services and technology companies.” He will… Read More

May 26, 2022 @ 3:07 am By Omar Faridi  |  

Zumo, the Edinburgh-based crypto wallet and payments platform, has announced the launch of Zumo Enterprise, its new B2B ‘Crypto-as-a-Service’ solution that “enables companies to offer crypto products and services to their customers.” The “first of its kind” in the UK, Zumo Enterprise is “the market’s… Read More

May 18, 2022 @ 7:51 am By Omar Faridi  |  

Zumo, the Edinburgh-based crypto wallet and payments platform, recently appointed Jonathan Sepulchre to serve as Head of Growth, a newly-created function “to drive the next stage of the company’s development.” An experienced “growth leader” with a comprehensive background in digital marketing, Jonathan will work closely… Read More

March 25, 2022 @ 11:37 am By Omar Faridi  |  

Zumo, the Edinburgh-based crypto wallet and payments platform, has appointed Dagmara Aldridge as its first Chief People and Culture Officer as it “seeks to reflect Future of Work trends and the latest neuroscience teachings.” With 15 years’ leadership and coaching experience, Dagmara, who was previously… Read More

January 4, 2022 @ 8:43 am By Omar Faridi  |  

Fintech Modulr, which supports a new digital payment account for businesses and is specifically building services for companies needing a faster, easier and more reliable way to move money, notes that when they analyzed the results from their Digital Now survey (looking at consumer “attitudes… Read More

September 13, 2021 @ 11:06 am By JD Alois  |  

Zumo has partnered with Modulr to facilitate open banking-enabled top-ups. Zumo is an Edinburgh-based crypto wallet. Modulr is a payments platform and authorized e-money institution. Modulr’s Payments as a Service API platform enables businesses to automate payment flows, embed payments into their platforms, and build… Read More

June 7, 2021 @ 9:20 pm By Omar Faridi  |  

Zumo confirmed on Monday (June 7, 2021) its key Signatory status of the Crypto Climate Accord (CCA), an international initiative that has been launched to harness the collective efforts of the crypto and blockchain sector to support the industry’s gradual transition to 100% renewable energy… Read More