Coinbase opens bitcoin exchange in UK

(Reuters) - Bitcoin payment processor Coinbase opened an exchange and online wallet service in the UK on Tuesday, allowing people to convert sterling into bitcoin. Expanding to the UK will make it easier to access bitcoin in one of the financial capitals of the world, San Francisco-based Coinbase said in a blog on its website. Last month, Britain took a significant step towards becoming a global bitcoin hub as the government announced it would regulate digital currencies for the first time by ap