Investor Protections Vital to Growing Crypto Markets: Ziglu CEO

Recent Financial Conduct Authority (FCA) statements on the growth of cryptocurrency ownership among adults in the United Kingdom highlight the need to provide more support and protection for those investors Ziglu founder and CEO Mark Hipperson said.

A UK-based money app, Ziglu allows users to buy and sell cryptocurrencies. It is fully authorized and regulated by the FCA as an electronic money institution. If the sector is to keep growing protections are vital, Hipperson stressed.

The key fact from the FCA research is increasing numbers of people now view cryptoassets as a complement or alternative to mainstream investments,” he said. “That underlines the need for companies in the sector to provide more support for investors. Although the FCA does not regulate crypto itself, companies providing crypto services can now be regulated and authorized by the FCA – we are at Ziglu. The crypto market is here to stay but it needs to be better at protecting investors.”

 

Source

Related Articles

Elaborate Scam App Impersonates Leading Asian Bank; Victims Duped into ‘Investing’

Campaign is still active and growing; second bank app identified Zimperium, in collaboration with a leading Asian bank, have uncovered the early stages of a coordinated effort by scammers to defraud existing and new bank customers. In this blog, we will: Alert the general public about the scam before it gains traction;  Outline the entire … Read More

The post Elaborate Scam App Impersonates Leading Asian Bank; Victims Duped into ‘Investing’ appeared first on Zimperium Mobile Security Blog.

Why Leading Cities and States Should be Protecting ‘Digital Citizens’ from Mobile Threats

When most people think of Zimperium, they may recognize us as the leader in enterprise mobile device and app security. Or, they have seen the recent news on the Defense Information Systems Agency (DISA), a U.S. Department of Defense (DoD) organization, selecting us to deliver comprehensive Mobile Endpoint Protection (MEP) to the unclassified government furnished … Read More

The post Why Leading Cities and States Should be Protecting ‘Digital Citizens’ from Mobile Threats appeared first on Zimperium Mobile Security Blog.

Unsecured Cloud Configurations Exposing Information in Thousands of Mobile Apps

Abstract When approaching the development of a mobile application, one of the key design decisions revolves around the server side aspect of the application. Specifically, storage of information relevant to the app’s usage, as well as the backend API’s allowing the app to query the server for information in real time (as opposed to static … Read More

The post Unsecured Cloud Configurations Exposing Information in Thousands of Mobile Apps appeared first on Zimperium Mobile Security Blog.