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e-Money license

EuropeFintechNews Roundup
·Jan. 31, 2019

European Fintech Prepare for a No Deal on Brexit

European fintech firms of all stripes are preparing for the worst case scenario when it comes to Brexit; “Unfortunately no one...
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EuropeFintechNews Roundup
·Mar. 14, 2018

Coinbase Receives UK E-Money License, Announces Deal with Barclays

The UK Financial Conduct Authority has granted Coinbase an E-Money License; Barclays is also allowing Coinbase to access the UK’s Faster Payments Scheme which is the core payment infrastructure in the UK; Coinbase’s Zeeshan Feroz stated, “There is no other exchange today that has access to domestic banking. UK consumers today have to jump through all sorts of hoops around sending money to European accounts using euros in order to get money in and out." Source

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