Coinbase to track off-exchange transactions from Dutch customers
Dutch users need to provide the recipient's full name, the purpose of transfer and full residential address to move digital assets off the platform. In a new blog post published Thursday, Coinbase says that starting Monday, all of its customers in the Netherlands will need to complete new Know Your Customer, or KYC, requirements when transferring digital assets to wallet addresses that are not based on the exchange. This includes providing the recipient's full name, the purpose of the transfer and the recipient's complete residential address. Transfers between Coinbase accounts are not....
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CleverCoin, an initiative of Dutch entrepreneurs Christian de Kok and Karsten Nilsen, founded in January 2014, has expanded its bitcoin exchange to the wider European market by adding MasterCard and Visa credit and debit cards to its list of payment options. Speaking of the company’s current expansion, CleverCoin CEO Karsten Nilsen stated, After focusing solely on Dutch customers and platform security for two months, it’s now time to open up to other European customers by accepting credit cards. We always strive to make bitcoins more accessible and easier to use. Starting today, we are one....
The Nasdaq-listed cryptocurrency exchange Coinbase has disclosed that at least 6,000 users were victims of a hacking campaign to gain unauthorized access to the accounts of Coinbase customers. The hackers also took advantage of a flaw in Coinbase’s SMS Account Recovery process to gain access to user accounts. Cryptocurrencies of at Least 6,000 Coinbase Customers Stolen by Hackers Cryptocurrency exchange Coinbase reportedly informed over 6,000 customers this week that their accounts had been compromised and funds were removed. A copy of the letter is posted on the website of....
U.S.-based crypto exchange Coinbase is approved by De Nederlandsche Bank, the central bank of the Netherlands. The United States-based cryptocurrency exchange Coinbase continues its aggressive expansion in Europe, with the latest regulatory approval coming from the land of tulips.Coinbase officially announced on Thursday that it had received registration from De Nederlandsche Bank (DNB), the central bank of the Netherlands. The regulatory approval allows Coinbase to offer its retail and institutional crypto products in the Netherlands.According to the official DNB records, Coinbase is one....
Editor's note: Marc van der Chijs is a former Dutch serial entrepreneur in Shanghai turned venture capitalist in Vancouver. He lived and worked for over 13 years in China, where he co-founded popular online video sharing site Tudou.com. He is a big believer in bitcoin. It seems banks have started to realize that bitcoin could be a major threat for them. In the US many banks don't accept any bitcoin businesses as clients, possibly because of regulatory concerns and money laundering risks. Individuals aren't free from bitcoin banking issues either. CoinDesk reported recently that a Swedish....
On September 27, the digital currency firm Coinbase announced that U.S. customers will soon be able to directly deposit their paycheck into their Coinbase accounts. With the new direct deposit feature, Coinbase customers can leverage their funds to make investments, generate yield, or add value to their Coinbase prepaid debit card.
US Coinbase Customers Will Soon Be Able to Use Direct Deposit Feature
Coinbase has come a long way since the firm was created in 2012, and now as a publicly-listed company, the crypto firm offers a myriad of services and is still one of the top....