Bitcoin & cryptobeurs Coinbase acquires e-money license in Ireland

Coinbase, one of the world’s leading cryptobeurzen, an e-money license in order to expand its activities into the republic of Ireland.
Zeeshan Feroz, the chief executive of Coinbase (US), made this news known. It is one of the few companies in Ireland that have this license to receive. The license has been issued by the Central Bank of Ireland.


Furthermore, let Feroz know that Europe is a huge opportunity for Coinbase. This milestone is a positive step for the region. With the approval of the Central Bank of Ireland shall, for the grant to the Irish business expansion and a better product to the customers, and then the CEO admitted.

Thanks to the approval of the Central Bank of Ireland, we can have our Irish operations to expand and improve the product and deliver it to clients in some of our fastest-growing markets. It will also enable us to get the passports for our customers in the EU and EEA are to be protected.
The CEO of Coinbase, Zeeshan Fero


At this time, Coinbase has more than 30 million users. The stock market last year was estimated to be worth $8 billion. Research has shown that Coinbase is one of the most beautiful cryptobeurzen it is. The exchange does not participate in the practice of wash trading.
With wash trading, buying and selling traders, and market makers, with their own orders. The volume of a given BTC is on it way to an artificially high level.
When Coinbase in 2018 have a bank account with Barclays bank was opened, it was the big news rondgebazuind. The exchange was also granted an e-money license from the Uk Financial Conduct Authority (FCA), which is the first cryptobedrijf that have direct access to the Faster Payments Scheme (FPS).
The co-operation has, however, not long maintained. In August, the partnership is broken.
The show will now get a licence from the FCA, from the republic of Ireland. Martin Shanahan, CEO of IDA Ireland, congratulated the scholarship:

The choice of Coinbase on the Dublin regulation enhances the strength of Ireland as a destination for financial services companies. It provides an environment for businesses to grow and prosper.
Martin Shanahan, CEO of IDA Ireland

Coinbase App

Coinbase brought in last week as well as a mobile app for Coinbase Pro on the market today. The app will have the cryptobeurs (and more) for business users, to attach.
To say that asking users to provide this functionality, because the user now has a choice to make between the mobile trading and the ease-of-use, ” says the press release.
The app is available for Apple users in the apple app Store, while Android users will have to wait a little longer. The commissions are exactly the same as the desktop version.
Source: Coinnounce

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About the author

Jeremiah Faber

Jeremiah Faber

Jeremiah is an explorer by heart – both in the physical and the digital realm. A traveler, Jeremiah continues to visit new places throughout the year in the physical world, while in the digital realm has been instrumental in a number of Kickstarter projects. Technology attracts Jeremiah and through his business acumen has gained financial profits as well as fame in his business niche.