Coinbase CEO: We will do anything the US Government tells us to do regarding Bitcoin/crytpo restrictions.

Does it matter the location or the people affected?

Isn't it grand how much they can control someone or a group?
Only a matter of time...

How do they know who is Russian and who is not if BTC is so anonymous?
Will it just affect Russia?
What about proxy/VE PE EN to circumvent?
Might have to halt all BTC trading as it is so anonymous, right?
All the different methods of laundering to move it to the destination...


Coinbase Global Inc. isn’t banning all Russian users for the moment, though would comply if the U.S. government decides to impose such a restriction, according to Chief Executive Officer Brian Armstrong.

The cryptocurrency exchange will block transactions from IP addresses that might belong to sanctioned individuals or entities, as will any other regulated financial services business, Armstrong said in a Twitter thread. But it won’t pre-emptively ban all Russians from using Coinbase, he said.
[link to www.bloomberg.com (secure)]



Coinbase CEO: We'll Comply With Russia Ban If US Government Tells Us To
Coinbase CEO Brian Armstrong has said the exchange will comply with a ban on Russian users should the U.S. government impose such rules.
[link to decrypt.co (secure)]

Last Edited by PANDEMIC OF THE VACCINATED on 03/04/2022 04:02 PM