Coinbase: the exchange’s plan for Brexit
Coinbase: the exchange’s plan for Brexit

Coinbase: the exchange’s plan for Brexit

By Alfredo de Candia - 2 Sep 2019

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In an email sent to customers, the Coinbase exchange informed about its plans in the event of Brexit.

In fact, if the UK leaves the European Union by October 31st, the company behind Coinbase, CB Payments Ltd, will no longer be able to provide its E-Money service, the Euro wallet, on the platform.

To prevent this from happening, CB Payments Ltd will transfer the management of E-money to another company within the European Union, without affecting the accounts of customers.

Although this is certainly a hot topic, Google Trends recently revealed that the term Brexit has fewer searches than the term bitcoin.

In addition, as stated by OKEx executives, Brexit could have a positive influence on cryptocurrencies.

Alfredo de Candia

Android developer for over 8 years with a dozen of developed apps, Alfredo at age 21 has climbed Mount Fuji following the saying: "He who climbs Mount Fuji once in his life is a wise man, who climbs him twice is a Crazy". Among his app we find a Japanese database, a spam and virus database, the most complete database on Anime and Manga series birthdays and a shitcoin database. Sunday Miner, Alfredo has a passion for crypto and is a fan of EOS.

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