Coinbase obtained a bank account with U.K. lender Barclays, the company said Wednesday, in a move that will make it easier for British customers to use its product.
The deal marks the first major partnership between a U.K. bank and a cryptocurrency exchange.
Coinbase is one of the world's largest cryptocurrency exchanges and wallets and has nearly 12 million users.
Coinbase, also said it was granted an e-money license by the U.K. regulator the Financial Conduct Authority (FCA), and adds support for the Faster Payments Scheme (FPS).
For UK users, the most noticeable update will be Faster Payments which will simplify the process of topping up and withdrawing money from Coinbase.
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https://www.cnbc.com/2018/03/14/coinbase-cryptocurrency-exchange-opens-bank-account-with-barclays-in-uk.html
