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Coinbase has entered into a partnership agreement with the British bank Barclays


The Coinbase exchange has concluded a deal with the British bank Barclays and has access to the inter-bank system Faster Payments Scheme, which makes faster transfers. This should facilitate the process of depositing and withdrawing funds for British users of the crypto exchange, because before that they had to use the services of one of the Estonian banks. Coinbase also received a license from the Financial Supervision Authority (FSA) of the United Kingdom, which allows the issuance of electronic money and provide payment services on the territory of the country. Thus, Coinbase was in fact equated with the rest of the country's financial institutions, since it will obey the same requirements and have almost the same opportunities. However, the company still has to pass several additional checks, for example, on the separation of customer funds.

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