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Great Crypto News for UK & EU Coinbase users - Bitcoin News Today

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in the bitcoin news today we talk about coinbase's new e money license and what it means for coinbase users in the UK. This coinbase news came out yesterday and i huge for adoption of the cryptocurrency space in general. From a regulatory standpoint, this means that Coinbase is now able to issue e-money and provide payment services in the U.K. and will have passed additional checks in terms of things like the segregation of client funds, which means that customer fiat balances are separated from Coinbase’s own operational funds and kept in separate bank accounts. This bitcoin news today has been brought to you by matthew timothy. These articles can be found on: 💎https://techcrunch.com/2018/03/13/coinbase-emoney/ 💎https://cointelegraph.com/news/coinbase-receives-e-money-license-for-fiat-activities-from-uk-its-biggest-market ●▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬● ⚡⚡ESSENTIAL CRYPTO RESOURCES ⚡⚡ ●▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬● 🤑 My Favourite Exchange for Altcoins: https://goo.gl/XbqjCA 🚀 Get a FREE Trial at TradingView: https://goo.gl/TGBDMM 💰 Buy Bitcoin with Coinbase/Discount Code : https://goo.gl/gr2G4e 🔒 Recommended Wallet - The Ledger Nano S: https://goo.gl/aE7AAw ●▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬● 🤗 FOLLOW ME ON OTHER PLATFORMS ► https://www.facebook.com/OfficialCryptoland ► https//www.instagram.com/matthew1w ●▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬● Crypto Clothing 🚀 Link for that crypto hustle clothing with DISCOUNT: https://goo.gl/mzcrc2 💎 Link for the Kings of Crypto T-Shirts : https://goo.gl/Hk4ZNZ ●▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬● DISCLAIMER: This is NOT financial advice. I am just offering my opinions. I am not responsible for any investment decisions that you choose to make. Matthew Timothy (Cryptoland) is not a registered broker, analyst, investment advisor or anything of that sort. Everything that we provide on this site is purely for guidance, informational and educational purposes. All information contained herein should be independently verified and confirmed. We do not accept any liability for any loss or damage whatsoever caused in reliance upon such information or services. Please be aware of the risks involved with any trading done in any financial market. Do not trade with money that you cannot afford to lose. When in doubt, you should consult a qualified financial advisor before making any investment decisions. MatthewTimothy -~-~~-~~~-~~-~- Please watch: "Dent Crypto 2018 - Is Dent Coin Worth Investing In?" https://www.youtube.com/watch?v=WqSXQdrF-5c -~-~~-~~~-~~-~-
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Text Comments (6)
CryptoLand (3 months ago)
Want more of this type of content?! Let me know, so I can hook you up! Check out the post on Steemit: https://steemit.com/cryptocurrency/@matthewtimothy/did-the-crypto-infrastructure-just-get-a-lot-better-coinbase-emoney-license These articles can be found on: 💎https://techcrunch.com/2018/03/13/coinbase-emoney/ 💎https://cointelegraph.com/news/coinbase-receives-e-money-license-for-fiat-activities-from-uk-its-biggest-market
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Shaun B (3 months ago)
Great news for us folks in the UK !
Shaun B (3 months ago)
Jurij Silo well done. If you're making some decent profits then it wouldn't hurt to speak to an accountant or just phone HMRC, they have a helpline for tax related questions, I think it's on their website
Jurij Silo (3 months ago)
Crypto Prawn i'm new to this crypto world.. like 3-4 months following and collecting info.. and already invested in 2 ico and one of them already on exchanges made x6 so i'm happy to made everything correctly with taxes and etc.. do you think is it better for me to contact accountant?
Shaun B (3 months ago)
Jurij Silo well it means you can withdrawal staright to your UK bank account without having to go through a euro bank so it's quicker and saves on forex charges. I'm pretty sure all profits you receive from an investment into your account needs to be declared to inland revenue for taxing, if you don't and you get audited it would unfortunately probably end badly with a fine etc...
Jurij Silo (3 months ago)
Crypto Prawn if i understood correctly that means now i can add my uk bank account to coinbase and send fiat? and very important question about taxes? if i bought 1btc for 1£ and sell it for 100£ and send that 100£ to my bank account, will i have any troubles or questions from my bank or from taxman?
Shaun B (3 months ago)
Jurij Silo it means people in the UK can cash out to fiat without having to use sites like bitcoin local. Just makes it easier if you want to take profits
Cody Williams (3 months ago)
Yet they don’t care about the u.s
CryptoLand (3 months ago)
I think they care about money as any business does usually! I also think that the u.s. is a trickier market because of their gov't. So that would be higher risk for them and maybe a lower payout!

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