FCA E-Money License

The San Francisco-based Cryptocurancity Exchange Convase has announced that it has obtained an Electronic Money License from the United Kingdom Financial Practices Authority (FCA), which has allowed it to issue electronic money and provide credit card services. the payment. This means that Coinbase will have to differentiate the operation of traditional operators such as customer funds, where all the customer balances should be separated from the company's funds and kept in separate bank accounts. SOURCE https://news.bitcoin.com/coinbase-granted-e-money-license-uks-financial-conduct-authority/