Coinbase Exchange Receives Cryptocurrency Services License from UK Regulator
US crypto exchange Coinbase has received approval from the UK Financial Conduct Authority (FCA) to operate in the country as a virtual asset service provider (VASP). Registration with the FCA will allow Nasdaq-listed Coinbase to serve retail and institutional customers, giving them the ability to legally trade digital assets. Since 2018, Coinbase Payments, a subsidiary of Coinbase, has offered fiat money transfer services to UK residents. However, before receiving the license, the company could not…
