Coinbase scraps Turkey plans, wants to dump AML laws

Quick Summary:

After ceasing USDC rewards in the European Economic Area, Coinbase withdrew its Turkey licensing plans while CEO Armstrong painted some politicians as bad guys trying to kill the crypto industry.

The post Coinbase scraps Turkey plans, wants to dump AML laws appeared first on CoinGeek.

And yet Coinbase continues to list more of these utility-free digital Beanie Babies, including Dogwifhat, Pepe, Floki, and Moo Deng, because a crypto casino always needs shiny new chips to entice the rubes.

---

More Pictures

---

Read Quick SummarySave Time

or

Article Details

Author / Journalist: Steven Stradbrooke

Category: Crypto

Markets: CanadaPhilippinesTurkey

Topics: Markets in Crypto Asset Regulation Know Your Customer Coinbase Europe Crypto Crime Cartel Operation Chokepoint Operation Chokepoint 2.0 European Union Marc Andreessen MiCA Money Laundering Business Brian Armstrong Anti-Money Laundering

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-12-04 @ 12:00:00 (22 hours ago)

News Timezone: GMT +8:00

News Source URL: coingeek.com

Language: English

Article Length: 1719 words

Reading Time: 10 minutes read

Sentences: 57 lines

Sentence Length: 31 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © CoinGeek

News ID: 24117755

View Article Analysis

About CoinGeek

Main Topics: Crypto

Official Website: coingeek.com

Update Frequency: 4 posts per day

Year Established: 2012

Headquarters: Canada

News Last Updated: 18 hours ago

Coverage Areas: Canada

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #82

Publisher Details

Frequently Asked Questions