Coinbase, Exchanges

Is Coinbase Legal in UK?

Coinbase, one of the most popular cryptocurrency exchanges, is legal in the United Kingdom (UK). The UK’s Financial Conduct Authority (FCA) has authorized Coinbase to operate as an e-money institution.

This means that Coinbase is licensed to provide electronic money services in the UK.

NOTE: WARNING: Coinbase is not currently regulated in the UK and is not authorised by the Financial Conduct Authority (FCA). As such, it is not recommended to use Coinbase to buy, sell or store cryptocurrencies in the UK. Before engaging in any cryptocurrency activity, please make sure you are aware of all applicable laws and regulations in your jurisdiction.

Coinbase offers a number of services to UK users, including the ability to buy, sell, and store cryptocurrencies such as Bitcoin, Ethereum, and Litecoin. Coinbase also allows users to link their bank account or debit card to their Coinbase account in order to make purchases.

The FCA’s authorization of Coinbase as an e-money institution is a positive development for the cryptocurrency industry in the UK. It provides greater legitimacy and peace of mind for UK users of Coinbase and other similar services.

Previous ArticleNext Article