Coinbase Services Now Available in UK, Including Exchange

Coinbase has opened up its full suite of services, including its Bitcoin Bitcoin While some may still be wondering what is Bitcoin, who created Bitcoin, or how does Bitcoin work, one thing is certain: Bitcoin has changed the world.No one can remain indifferent to this revolutionary, decentralized, digital asset nor to its blockchain technology.In fact, we’ve gone a long way ever since a Florida resident Laszlo Hanyecz made BTC’s first official commercial transaction with a real company by trading 10,000 Bitcoins for 2 pizzas at his local Papa John’s.One could now argue that While some may still be wondering what is Bitcoin, who created Bitcoin, or how does Bitcoin work, one thing is certain: Bitcoin has changed the world.No one can remain indifferent to this revolutionary, decentralized, digital asset nor to its blockchain technology.In fact, we’ve gone a long way ever since a Florida resident Laszlo Hanyecz made BTC’s first official commercial transaction with a real company by trading 10,000 Bitcoins for 2 pizzas at his local Papa John’s.One could now argue that Read this Term exchange launched earlier this year, to UK clients.

UK clients will be able to use three types of fiat in their accounts: GBP, EUR and USD. GBP and EUR can be moved using the Single European Payments Payments One of the bases of mediums of exchange in the modern world, a payment constitutes the transfer of a legal currency or equivalent from one party in exchange for goods or services to another entity. The payments industry has become a fixture of modern commerce, though the players involved and means of exchange have dramatically shifted over time.In particular, a party making a payment is referred to as a payer, with the payee reflecting the individual or entity receiving the payment. Most commonl One of the bases of mediums of exchange in the modern world, a payment constitutes the transfer of a legal currency or equivalent from one party in exchange for goods or services to another entity. The payments industry has become a fixture of modern commerce, though the players involved and means of exchange have dramatically shifted over time.In particular, a party making a payment is referred to as a payer, with the payee reflecting the individual or entity receiving the payment. Most commonl Read this Term Area (SEPA) services, while USD can be wired.

Over the past months, Coinbase had been expanding its services to Europe. It had been catering to 23 countries in the region, but noticeably absent from the list was the UK - the region's leading financial center. Now, in addition to support for wallet, merchant support and bitcoin buying services, the UK is the only country outside the U.S. where Coinbase's exchange is available.

GBP-based trading offerings are hard to come by in the UK, although admittedly, demand may not be as high as in other regions. It will be interesting to see if there will be an uptick in local demand now that one of most reputable offerings is available.

The move is well-timed with recent announcements from UK regulators of their intention to regulate digital currency, including the application of anti-money laundering rules to exchanges. Also announced was a £10 million funding for research into the area in conjunction with local industry groups.