{"id":227646,"date":"2022-03-26T19:00:11","date_gmt":"2022-03-26T19:00:11","guid":{"rendered":"https:\/\/cryptoslate.com\/?p=227646"},"modified":"2022-03-26T19:02:53","modified_gmt":"2022-03-26T19:02:53","slug":"coinbase-introduces-new-rules-for-crypto-transactions","status":"publish","type":"post","link":"https:\/\/cryptoslate.com\/coinbase-introduces-new-rules-for-crypto-transactions\/","title":{"rendered":"Coinbase introduces new rules for crypto transactions in some countries"},"content":{"rendered":"

Regulations continue to give crypto exchanges a hard time. After Binance was coerced to leave the Ontario district<\/a>, Coinbase<\/a> now is implementing<\/a> new rules to comply with Canada, Japan, and Singapore's regulations.<\/p>\n

The new changes will be effective starting on April 1st, and will only affect users in Canada, Singapore, and Japan who are transferring digital assets from their Coinbase exchange wallet to a wallet off the Coinbase platform. No changes were made to the trading transactions of the residents of these countries.<\/p>\n

Wallet type and recipient information<\/h2>\n

Depending on the country, users will be asked to provide the recipient wallet type (whether it's a custodial or non-custodial wallet) and detailed recipient information. There is no need to point out that these new changes aroused negative reactions from the community.<\/p>\n

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What the fuck is this? Hey @coinbase<\/a> is this real? Is it over? #btc<\/a> #eth<\/a> pic.twitter.com\/frw0n3T2XG<\/a><\/p>\n

— Tradeboi Carti (@tradeboicarti16) March 25, 2022<\/a><\/p><\/blockquote>\n