Cryptocurrency Q&A
Does Coinbase ban for gambling?
Does Coinbase ban for gambling?
Riccardo
Thu Sep 19 2024
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6 answers
1380
Could you please clarify whether Coinbase imposes a ban on its users for engaging in gambling activities? If so, what are the specific policies and procedures Coinbase has in place to enforce this ban? Additionally, are there any exceptions to this policy or circumstances under which gambling transactions might be permitted? I'm interested in understanding the full extent of Coinbase's stance on gambling and how it impacts users who might engage in such activities.
6 answers
Valentina
Fri Sep 20 2024
The Coinbase card, a popular option among cryptocurrency enthusiasts, has recently implemented restrictions on certain types of transactions.
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Valentino
Fri Sep 20 2024
The decision to impose these restrictions is likely a result of regulatory pressures and the need to comply with anti-money laundering laws.
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Claudio
Fri Sep 20 2024
Specifically, cardholders are no longer able to use their Coinbase cards for internet gambling or casino-related activities.
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CharmedEcho
Fri Sep 20 2024
Despite these limitations, Coinbase remains a popular platform for buying, selling, and storing cryptocurrencies.
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SsamziegangStroll
Fri Sep 20 2024
This means that users are prohibited from placing wagers on horse races or dog races using their crypto assets.
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