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June 24, 2018, 07:29:04 PM |
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These complains are not something that would go away anytime soon. Although I have heard about the excesses of Coinbase but I sense some form of exaggeration in this report and these are the things regulators needs to ensure that their will is eventually done by Coinbase. The point at which there was conflict with Coinbase on the issue of release of their customers details, which Coinbase was not ready to do, I knew its not something that would go away anytime soon and now they are back with attacking forces. Now in the position of strength since the report and petition was initiated by a "third party", they will be force to act and even with all the compliances and implementation of KYCs, it will not still be enough.
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