Coinbase receives e-money license in the United Kingdom and European Union

This makes Coinbase the first cryptocurrency exchange platform to support the United Kingdom’s Faster Payment Scheme.

As per FCA, Coinbase will be allowed to trade with the European Union Member Nations and the UK and will also be supporting the UK’s Faster Payment Scheme which will offer all the users a payment experience similar to that of SEPA and will be supported by all the major banks in the UK.