Coinbase UK CEO Interview: Huge Interest From Institutional Investors Toward Crypto

Interview With Zeeshan Feroz
Coinbase UK CEO Zeeshan Feroz is working to achieve a crypto revolution amidst hesitant bankers in a city torn over Brexit. During London Teck Week, he made a speech on blockchain’s potential to connect the unbanked and rebuild the entire financial system. In an interview with NewsBTC, he said that Coinbase have had a ‘lot of interest’ in their new custody platform. Coinbase Custody was released on July 2 and has already accepted 10 institutional investors, with a combined minimum balance of $100 million.

What are you working on right now that you’re most excited by?

“The biggest thing for me is rolling out access to faster payments for UK consumers. It’s been a huge challenge for us and I think it was a good result for us to get access to that. Over the next few weeks, we’ll be rolling that out for all customers. UK users will be able to deposit Sterling and withdraw Sterling out into their bank accounts using faster payments.”

How much competition do you expect to follow Coinbase Custody?

“We are one of the first, there are a lot of other businesses that are in this space already. I take that competition as a good thing because we need the custody infrastructure for crypto to grow in general. There’s so much room for businesses to grow without having to eat into the pie for the taking. I see it as healthy for the ecosystem.”
YOU CAN READ THE FULL REPORT AT
https://www.newsbtc.com/2018/07/06/exclusive-interview-coinbase-uk/