min to read

2019-10-04 11:31:16




News

COINBASE REINSTATED FAST PAYMENT SYSTEM FOR UK CUSTOMERS

COINBASE REINSTATED FAST PAYMENT

min to read

2019-10-04 11:31:16

Coinbase UK Bitcoin Exchange customers have again gained access to the Fast Payment System (FPS), reports The Block.

Coinbase UK Bitcoin Exchange customers have again gained access to the Fast Payment System (FPS), reports The Block.

 

In August, London-based international bank Barclays stopped servicing Coinbase accounts. As a result, the exchange lost access to FPS and its users lost the ability to instantly deposit and withdraw British pounds.

 

However, thanks to a partnership with ClearBank, the option was restored after a three-month break. Zeeshan Feroz, CEO of Coinbase UK, noted that the company's institutional and retail customers could deposit and withdraw funds within 60 seconds.

 

Let us remind that recently Coinbase, Kraken, Circle and Bittrex have launched a system of assessing the compliance of cryptocurrencies with securities.

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