Coinbase will reportedly sell crypto user geo-location data to U.S. ICE immigrations and customs agency
Crypto exchange Coinbase analytics program, Coinbase Tracer, will provide the U.S. Immigrations and Customs Enforcement agency (ICE) with data about crypto users, including their “historical geo tracking data” and transaction history, according to a contract obtained by watchdog group Tech Inquiry. The contract adds detail to what was previously known about
Weeks after, Binance (BNB) announced that it is limiting services for Russian nationals, Coinbase (COIN) has sent letters to certain Russian accounts to withdraw funds before it is too late. In the recent round of sanctions by the European Union on Russia, the EU has implemented a ban on deposits to
Coinbase, a cryptocurrency exchange platform, has revealed that it plans to launch sanctions against Russian individuals and has since blocked over 25,000 account linked to Russians. Coinbase stated that it plans to implement policies that combat the use of its platform for illicit activity. After an investigation that produced the
The U.S. should create a new regulator to oversee digital asset markets, Coinbase said in a new policy proposal released Thursday. It warned that failure to regulate appropriately could leave the country even further “behind” other governments. The proposal comes a day after one of its investors, venture capital firm Andreessen
At least 6,000 Coinbase customers were robbed after attackers were able to bypass the multi-factor authentication on the cryptocurrency exchange platform. Coinbase suspects phishing allowed the attackers to access personal details, but also blamed a flaw in the multi-factor authentication process. The theft occurred between March and May 20, 2021.
On Tuesday, January 19 cryptocurrency trading firm Coinbase plans to fully suspend trading of XRP, the currency in which the US Securities and Exchange Commission sued Ripple Labs over last week. Coinbase first listed XRP on its retail platforms in February of this year. However, after just under a year