Ziglu, which is a London-based challenger bank, has lately been licensed as an Electronic Money Institution (EMI) by the U.K.’s Financial Conduct Authority. The fintech then started peer to peer payments for both digital and fiat funds.
Zigu co-founder and CEO Mark Hipperson informed that the corporation will circulate digital money and offer payment transactions. The permission was assigned on September 1.
At launch, the Ziglu app is supporting British pounds (GBP) alongside with Bitcoin, Ethereum coin, Litecoin, and Bitcoin Cash, for P2P activities.
Read more on BlockchainToday
UK Ziglu Bank Goes Peer-to-Peer with Crypto