Cryptocurrency maker Coinbase is hiring extra staff in its London office as it seeks to expand in Europe , where its business grew twice as fast as any other market last year . The company is expected to boost the number of UK offices eightfold to reach " hundreds " by the end of the year . The company is also making a push for greater regulatory recognition. The UK is BT 's biggest market in the European Union , and last year it received an e - money licence from the country 's Financial Conduct Authority , ensuring that it complies with Know Your Customer ( BT ) standards .
Cryptocurrency maker Coinbase is hiring extra staff in its London office as it seeks to expand in Europe , where its business grew twice as fast as any other market last year . The company is expected to boost the number of UK offices eightfold to reach " hundreds " by the end of the year . The UK is BT 's biggest market in the European Union , and last year it received an e - money licence from the country 's Financial Conduct Authority , ensuring that it complies with Know Your Customer ( BT ) standards .