Cryptocurrency Q&A
What countries are restricted by Coinbase?
What countries are restricted by Coinbase?
ethan_thompson_journalist
Sat Jun 08 2024
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5 answers
1104
Could you please elaborate on the countries that are restricted by Coinbase? I'm curious to know which nations are unable to access or utilize its services. Additionally, I'd like to understand the reasons behind these restrictions. Is it due to regulatory issues, legal constraints, or other factors? Could you provide a list of these countries, as well as any relevant information regarding the nature of the restrictions? Thank you for your assistance.
5 answers
CryptoKing
Mon Jun 10 2024
It's worth noting that while these countries may face limitations in accessing certain financial services, the cryptocurrency space remains dynamic and evolving. Alternative platforms or solutions may exist for individuals in these regions.
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Valeria
Mon Jun 10 2024
The current landscape of cryptocurrency usage reveals certain geographical restrictions. Notably, Coinbase, a leading cryptocurrency platform, does not cater to a select group of countries.
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ShintoSanctum
Mon Jun 10 2024
Among the prohibited nations are those designated by the Office of Foreign Assets Control (OFAC). OFAC sanctions are typically imposed on countries with specific political or economic concerns.
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Caterina
Mon Jun 10 2024
Specifically, North Korea, Iran, Syria, Cuba, and Crimea are currently banned from using Coinbase. These restrictions reflect the international community's efforts to enforce sanctions and isolate these countries.
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CryptoDynasty
Sun Jun 09 2024
BTCC, a UK-based cryptocurrency exchange, offers a range of services that cater to a global audience. Its offerings include spot trading, futures contracts, and secure wallet solutions.
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