**[Coinbase Launches Savings Accounts in the UK with 3.75% Interest Rate and FSCS Deposit Protection]** According to The Block, Coinbase will launch savings accounts supported by Clearbank for select users in the UK starting November 11. These accounts allow eligible UK users to earn daily interest on GBP savings balances at an annual rate of 3.75% (AER), with instant access, no minimum balance, and no lock-in period. The accounts are protected under the Financial Services Compensation Scheme (FSCS), which ensures that in the event of a service provider's bankruptcy, customers can receive compensation of up to £85,000 (approximately $112,000) for their GBP balances, consistent with the standards of traditional UK banks. Notably, the 3.75% interest rate is higher than that offered by most mainstream banks but lower than some top-tier fintech savings rates. Coinbase plans to gradually roll out these accounts to all UK users in the coming weeks. As Coinbase's largest international market and a key focus for its global expansion, the UK launch of these savings accounts follows the company's registration as an FCA Virtual Asset Service Provider in February of this year.