Coinbase Obtains a UK E‐Money License And Partners with Barclays


Banks are slowly changing their opinion on cryptocurrencies. A few institutions still prefer to restrict access to this new form of money altogether. Barclays, on the other hand, has entered a partnership with Coinbase. As such, the popular cryptocurrency exchange now has a UK bank account which opens up a lot of new opportunities.

People who have kept an eye on the cryptocurrency may have noticed there’s a lack of GBP support. Most non‐UK exchanges seemingly prefer not to deal with GBP as we speak. It seems Coinbase is taking the completely opposite approach in this regard. By partnering with Barclays, the company becomes the first major partner for a UK bank.

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