Coinbase to open bank account with Barclays to facilitate UK customer trade

Cryptocurrency exchanges have found accessing the banking system very difficutl, but Coinbase has managed it

• will open a bank account with UK bank Barclays
• makes it easier for UK customers of the exchange to buy and sell cryptocurrencies (previously, they had to transfer pounds into euros and go through an Estonian bank)

Coinbase UK subsidiary has been granted an e-money license by the UK's financial watchdog, a necessary step to setting up an account with Barclays

Reuters with the report, more at the link

Should be a positive for the BTC ... it needs some friends today!