Quote from: TheBTCpost on January 05, 2018, 12:38:36 PM

Im not sure if this is to delay the process of crypto or regarding money laundering laws/regulations with visa but anyways back to lbc and btc atms for me when its cash out... question for any of you above... can I register on coinbase and convert my btc to fiat and deposit that into my current account (uk bank) or will I have my bank closed like Barclays did to me when I was trading on lbc?

I think they'll be less uptight about Coinbase, but it sounds like a convoluted process dicking around with Euros and intermediary accounts to get the best rate.

Lots of discussion about the best options on here - https://www.reddit.com/r/BitcoinUK/

Get a Nationwide account and do one large LBC sale rather than lots of small ones.

It looks like there's new regulation in Gibraltar which Wavecrest may not be complying with so they gave up - http://www.gibraltarfinance.gi/en/news/government-confirms-introduction-of-distributed-ledger-technology-dlt-regulatory-framework-in-january-2018