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Author Topic: [2016-04-06]Barclays backs U.K. launch of bitcoin payments app  (Read 149 times)
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April 06, 2016, 01:20:52 PM

Barclays backs U.K. launch of bitcoin payments app

Barclays PLC has become the first U.K. bank to partner with a cryptocurrency company, teaming up with Goldman Sachs-backed social payments app Circle, which uses bitcoin to transfer money.

The Boston-based startup launched in the U.K. on Wednesday after being granted an e-money license from the Financial Conduct Authority. The license allows it to transfer money electronically, exchange currencies and make international payments. It’s the first time a digital currency company has been granted such a license from the U.K. financial watchdog.
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