Summary
- Coinbase has reportedly opened sign-ups to users in China.
- BlockBeats said Chinese users can complete registration and identity verification on the Coinbase platform.
- Coinbase is the largest cryptocurrency exchange in the US, and the market is focused on whether allowing Chinese users to register could change local investor access.
Coinbase has reportedly opened account registration to users in China.
BlockBeats, a cryptocurrency news outlet, reported on July 14 that multiple social media users said Chinese residents were able to register on the Coinbase platform.
BlockBeats said its own checks showed the platform was in fact allowing new sign-ups.
The outlet added that identity verification took about one minute.
Coinbase is the largest cryptocurrency exchange in the US, and the apparent availability of registration for users in China is drawing market attention over whether access for local investors may be changing.
It remains unclear whether the move reflects a formal policy change or a temporary change affecting only some users.
Minseung Kang
minriver@bloomingbit.ioBlockchain journalist | Writer of Trade Now & Altcoin Now, must-read content for investors.