In a blog post published earlier today, San Francisco-based cryptocurrency exchange and brokerage firm Coinbase announced that it has been granted an e-money license by the U.K.’s Financial Conduct Authority (FCA). The license will allow Coinbase to provide payment services (as well as some bank-like services, such as fiat account balances) in both Britain and […]

While it might not have the headline-grabbing appeal of bitcoin’s recent price surge, a new Ethereum-powered bank-to-bank data-checking platform may just be the start of a major innovation in blockchain technology. Swiss financial services giant UBS recently announced the project, known as Madrec (Massive Autonomous Distributed Reconciliation platform), which aims to streamline data verification processes […]