A popular cryptocurrency exchange Blockchain.com is adding British pound to its platform as it prepares for Britain’s upcoming farewell from the EU or Brexit.
The news, published on Thursday, states that the extension will utilize Britain’s Faster Payments Service (FPS) to let Blockchain.com’s UK-based users get cryptos almost immediately.
Blockchain.com constructed a dual statement as a bet on Britain at a disperse period. With Prime Minister Boris Jhonson's recent landslide triumph all but assuring Brexit by January 31, the nation is flowing towards an unpredictable future.
According to the platform, this uncertainty surges an interest from British users in Blockchain.com.
Blockchain.com's representative didn't give details around FPS, a UK banking ambition that remarkably decreased settlement times among member banks.
Other crypto exchanges with UK clients have also turned to FPS over the last few years. But those partnerships connecting regular banks and sometimes worldwide exchanges have had mixed success.