Coinbase banned Germany & Luxembourg (cross-post)

escrowboy

full member

Activity: 154

Merit: 100

Quote from: BitCinderella on July 07, 2016, 09:48:05 AM

Quote from: sandiman on July 07, 2016, 09:41:23 AM

Just use Kraken then Wink

Not German myself. I didn't know they're cracking down though, even Loacalbitcoin doesn't work in Germany Sad

Quote from: Aswan on July 07, 2016, 09:42:24 AM

The site itself is not banned, you can still open it from Germany. However, localbitcoins itself decided not to serve customers in Germany anymore.

Might be the reason why the price is falling it's because demand is decreasing in your region. But I wonder why they need to do that? maybe your government already doing an act to avoid bitcoin being develop in your country and will not conflict with what they want.

Recordura

newbie

Activity: 19

Merit: 0

Quote from: Torque on July 07, 2016, 02:09:51 PM

Same in USA...I just go this email from Coinbase.com. [...]
All customer USD stored with Coinbase MUST be withdrawn off site or converted to digital currency by July 29th.
[...]

Yep
...oh wait, I'm not a newbie troll account created within the last week. So ignore the FUD. Roll Eyes

Have you followed the link (quoted post)? https://bitcointalksearch.org/topic/m.15504900
What's wrong with you?

Torque

legendary

Activity: 3598

Merit: 5069

Same in USA...I just go this email from Coinbase.com. [...]
All customer USD stored with Coinbase MUST be withdrawn off site or converted to digital currency by July 29th.
[...]

Yep
...oh wait, I'm not a newbie troll account created within the last week. So ignore the FUD. Roll Eyes

Recordura

newbie

Activity: 19

Merit: 0

Looks like the same thing happening in Canada:

Quote from: cpfreeplz on July 07, 2016, 01:57:37 PM

I just go this email from Coinbase.com. [...]
All customer CAD stored with Coinbase MUST be withdrawn off site or converted to digital currency by July 29th.
[...]

BitCinderella

newbie

Activity: 7

Merit: 0

Quote from: sandiman on July 07, 2016, 09:41:23 AM

Just use Kraken then Wink

Not German myself. I didn't know they're cracking down though, even Loacalbitcoin doesn't work in Germany Sad

Quote from: Aswan on July 07, 2016, 09:42:24 AM

The site itself is not banned, you can still open it from Germany. However, localbitcoins itself decided not to serve customers in Germany anymore.

sandiman

hero member

Activity: 560

Merit: 501

Quote from: BitCinderella on July 07, 2016, 09:37:44 AM

Could this be why the price is falling?
Could German traders confirm?

Quote from: onleines on July 07, 2016, 08:53:56 AM

Hey,

I am logged into my account Coinbase to buy Bitcoins.

I get the following message:

Sorry! Buy & Sell not available in Germany

We are not able to Provide exchanging bitcoin in your region yet. Consider Contacting your local government. Learn More>

It seems to be also affected Luxembourg alongside Germany.
The rest of Europe (32) are not affected.

Since Localbitcoin is banned in Germany, seems probably because the German "local government" there which prohibit.

Does anyone have any info, is on what legal basis prohibited here?

Just use Kraken then Wink

BitCinderella

newbie

Activity: 7

Merit: 0

Could this be why the price is falling?
Could German traders confirm?

Quote from: onleines on July 07, 2016, 08:53:56 AM

Hey,

I am logged into my account Coinbase to buy Bitcoins.

I get the following message:

Sorry! Buy & Sell not available in Germany

We are not able to Provide exchanging bitcoin in your region yet. Consider Contacting your local government. Learn More>

It seems to be also affected Luxembourg alongside Germany.
The rest of Europe (32) are not affected.

Since Localbitcoin is banned in Germany, seems probably because the German "local government" there which prohibit.

Does anyone have any info, is on what legal basis prohibited here?

Topic: Coinbase banned Germany & Luxembourg (cross-post) (Read 772 times)