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Former Barclays Exec Set To Launch UK's First Regulated Cryptocurrency Bank
Summary: Mark Hipperson, the former head of technology for the Barclays group as well as co-founder and former CTO at U.K. challenger bank Starling, is set to launch his latest digital banking venture, Ziglu. Ziglu is being billed as the next step in the challenger bank concept. This all-digital account will let users hold both fiat ...
Mark Hipperson, the former head of technology for the Barclays group as well as co-founder and former CTO at U.K. challenger bank Starling, is set to launch his latest digital banking venture, Ziglu.
Ziglu is being billed as the next step in the challenger bank concept. This all-digital account will let users hold both fiat and digital currencies in the same account. The launch for Ziglu is planned for Q1 of 2020.
The free account will allow users to freely exchange funds between multiple currencies. Foreign currencies will be available to buy and sell at Interbank rates, while cryptocurrencies will be available at their best price across multiple platforms.
Ziglu will also allow users to spend any currency held on their account including cryptocurrencies, which will be instantly converted at point of sale.
By Ramsey Baker
Tags: Bank,Barclays,Cryptocurrency,Mark Hipperson,Ziglu
Link: Former Barclays Exec Set To Launch UK's First Regulated Cryptocurrency Bank [Copy]
