Mr. Zeeshan admitted that blockchain has an innate potential to connect the unbanked and build the financial system. At the beginning of the month, a new Custody platform has been launched which momentarily holds over 10 institutional clients with a combined minimum balance of $100 million dollars.
Feroz showed his excitement about offering fast payments to customers all over the United Kingdom (UK). As of now, Coinbase is offering several cryptocurrencies, such as Bitcoin (BTC), Bitcoin Cash (BCH), Ethereum (ETH), Ethereum Classic (ETC) and Litecoin (LTC).
However, the tomorrow is bright, and the company may introduce a new asset to their customers sometime in the future. He affirmed that they will continue to study tokens that are not securities yet and will try to add them.
Mr. Zeeshan continues to talk about Brexit and Great Britain, saying:
“You’ve obviously got Gibraltar, Malta and some of these other places that are trying to build it but I think the UK with its talent pool and infrastructure today would be the ideal place for a blockchain business to be based.”
He ended by exposing the plans Coinbase holds for London, assembling an expert team that will be the base of the operations in Europe. The company wants to have the biggest engineering hub outside San Francisco.
(Image Source: Medium)