[News] Barclays made a deal with Coinbase

Barclays Bank, one of the largest banks in the UK, has made a deal with Coinbase, the biggest cryptocurrency exchange in the US.

Coinbase is allowed to make an account in Barclays, which encourages UK users to trade through the more simple process.
Large UK banks had hesitated to get connected to the cryptocurrency industry due to harm of their reputation.
However, Barclays stepped in the cryptocurrency industry and this will be huge influence over other major banks in the UK.

Moreover, the UK is considered as a centre of finance in Europe especially London where most finance in Europe gather.
This means that other banks over the Europe are very likely to be affected by Barclays.

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https://www.ft.com/content/dcb4b12e-26d8-11e8-b27e-cc62a39d57a0