Coinbase announced it has obtained an e-money license from UK’s financial markets and services regulator, the Financial Conduct Authority (FCA). In a blog post Coinbase clarifies that e-money is different than cryptocurrencies and the new license will allow it to provide payment services in the UK and issue e-money and would result in better experience for the customers and an easier to use product. Payments and funds security will also be improved. Abiding by the FCA requirements, Coinbase will be keeping clients in segregated funds and will observe operational standards on par with the other regulated financial institutions. Do you think other exchanges will seek such a license?