Coinbase obtains e-money license in UK with Europe expansion in mind

Coinbase obtains e-money license in UK with Europe expansion in mind

A Bitcoin neon sign is displayed in a lounge area at the Coinbase Inc. office in San Francisco, California, U.S. Photographer: Michael Short/Bloomberg

Coinbase Inc., one of the largest cryptocurrency exchanges, said it obtained an e-money license in the U.K. as it expands services in Europe. A local subsidiary also opened an account at Barclays Plc, easing deposits and withdrawal for clients, the Financial Times said.

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