fenixfire
2023-09-07

$Coinbase Global, Inc.(COIN)$ 

Coinbase Singapore now requires more personal information to process transactions. This could be a response to the recent money laundering situation arising in Singapore. 

While the measures are welcomed from a security and anti-crime standpoint, it would seem to affect users legitimately moving crypto around efficiently and also impact the intended de-fi nature of crypto if all transactions are now being monitored closely by the authorities effectively forcing a 'centralised ledger' to be maintained at least within/involving Singapore originated movements. 

https://cryptoslate.com/coinbase-singapore-now-requires-counterpartys-personal-information-to-process-transactions/

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Comments

  • nimbly
    2023-09-12
    nimbly

    Bear trap today. Covering may take this to $85-90 before the next call. I think a $90 target before next ER is more likely going into xmas months.

  • pixiezz
    2023-09-12
    pixiezz

    It is hilarious this stock is still at almost 80. It will be at new lows by end of the year when bitcoin touches 10k mark. Shorting it all the way to 25.

  • vippy
    2023-09-12
    vippy

    im glad i waited to buy calls on Coin.....need to cash out of TSLA calls today and buy the COIN calls this week. Love the action on both.

  • frosti
    2023-09-12
    frosti

    COIN to $90 today. Moving TSLA options profits to COIN calls today. Great day.

  • cheerzy
    2023-09-12
    cheerzy

    coinbase has issued some cryptic notifications and clarifications for coinbase india. no news around binance though.

  • zinglee
    2023-09-12
    zinglee

    Selling TSLA calls at the open today and buying COIN calls with those profits. Hope it stays low for another hour.

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