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Major cryptocurrency exchange Coinbase is making significant strides in its European expansion. San Francisco-based Coinbase has now received an e-money license by the Financial Conduct Authority (FCA), the UKโ€™s financial regulator, enabling the cryptocurrency exchange to provide payment- and electronic money services as cash alternatives to customers in the United Kingdom and 23 countries within the European Union. Coinbase UK chief executive Zeeshan Feroz claims the license mandates Coinbase to comply with โ€˜strict rulesโ€™ enforced by UK regulators. In addition, Coinbase is laying claim to becoming the first cryptocurrency exchange to obtain its own UK-based bank account wherein Coinbase will...

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