Coinbase publishes a user privacy protection and compliance policy

According to BlockBeats, crypto trading platform Coinbase released a statement on its user privacy protection and compliance policy on August 30, stating that in order to fulfill its regulatory obligations to comply with relevant laws and regulations, it occasionally views certain accounts and is asked to provide detailed personal information about the owners of these accounts. Coinbase has always believed that the core of its operations is ensuring the legitimacy and compliance needed for cryptocurrencies to gain mainstream adoption, which means complying with laws and regulations in different jurisdictions, some of which are more stringent. Coinbase has developed proprietary blockchain analytics capabilities to help protect the crypto economy from bad actors. Coinbase will engage in an ongoing dialogue with global policy makers to advocate for consistent and reasonable requirements to protect the privacy of its customers.