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Barclays announced this week the start of a cooperation with Circle, a digital currency company, offering the Circle social payment application. Consequently, Barclays has become the first major UK financial institution to use the bitcoin blockchain.
The start-up, which hails from Boston, has managed to collect $76 million of funding through venture capital, and is also the first company to receive the e-money licenses issued by the Financial Conduct Authority (FCA), the British financial watchdog.
Among the investors who have decided to support Circle, one can find the former JP Morgan executive Blytche Master’s Digital Currency Group and Goldman Sachs. With the license ... (read more)