Allegations of Full Surveillance from Coinbase: Residence Address for Money Transfer Transactions

It is alleged that US-based Coinbase, one of the world’s largest cryptocurrency exchanges, requested extra information in withdrawals.

A Twitter user named “Autism Capital” in sharing When withdrawing money from Coinbase; full name, reason for withdrawal and residence information He said he wanted.

Digital Central Bank Money, after many crypto commentators yesterday, after Fed chairman Powell’s speeches (CBDC) operations and use states that it has brought this regulation for

Fed Chairman Powell made the following statements in his speech yesterday:

We need to make regulations about stablecoins and digital finance as soon as possible. We don’t want a stablecoin to be a digital dollar. If there’s going to be a digital dollar, it has to be issued by the Fed.

BitFlyer, one of the largest cryptocurrency exchanges in Japan, is also stated to be in a similar regulation. bitFlayer made a statement on Twitter:

As of June 29, 2022, while our customers withdraw their cryptocurrencies; We will require that the purpose of the withdrawal and the recipient’s country (region and city), as well as the recipient’s first and last name, be written and stored “in Latin”.

made statements.

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