TLDR Crypto · MARKETS & BUSINESS

COINBASE SECURES SPOT ON UK CRYPTO REGISTER

coindesk.com1 min read

Summary from the TLDR Crypto newsletter

Coinbase has secured registration with the UK's Financial Conduct Authority (FCA), becoming the largest crypto exchange to receive approval to directly offer crypto services in the country. The registration process only awards approvals to 14% of applicants. It allows Coinbase to offer both crypto and cash services to UK investors while enabling direct communication with the FCA for future products and services.