Payments News

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Companies

Cryptocurrency exchange Coinbase to allow Faster Payments

“UK-based Coinbase users had been complaining that withdrawing money from the exchange was nearly “impossible”, because it involved using a Single Euro Payments Area (SEPA) transfer which is basically a bank transfer that crosses international borders. But Coinbase has now announced that the Faster Payments Service (FPS) – the usual way you send money between […]
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Companies

Coinbase Gets a U.K. Money License and Reportedly a Bank Account

“Coinbase Inc., one of the largest cryptocurrency exchanges, said it obtained an e-money license in the U.K. as it expands services in Europe. A local subsidiary also opened an account at Barclays Plc, easing deposits and withdrawal for clients, the Financial Times said. The license will let Coinbase provide payment services and issue e-money in the country, […]
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Companies

Coinbase Reportedly Gets Approval From U.S. Regulators To Start Listing Tokenized Securities

“Today’s news opens up the scope of Coinbase’s ambitions to the billions of dollars that have been raised in initial coin offerings over the past several months. With permission to trade tokenized securities, Coinbase users could soon have the ability to move beyond the limited cryptocurrency options currently available to be traded on the site’s […]
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Companies

Coinbase Lets You Convert Your Tokens Into Gift Cards

“It’s still quite hard to buy physical goods using bitcoins or ethers. Coinbase plans to (partially) solve that issue with a new partnership with WeGift. Coinbase customers in Europe and Australia can now convert their tokens on their Coinbase account into digital gift cards for popular stores. For instance, you’ll be able to buy gift cards for Uber, Tesco, Google […]
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On The Wires

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