Does anybody know in which countries they are doing this? Anyhow, I think it is not as bad as it sounds. If you use Coinbase like a "crypto bank" that does th

Does anybody know in which countries they are doing this? Anyhow, I think it is not as bad as it sounds. If you use Coinbase like a "crypto bank" that does the crypto stuff on your behalf - then yes, this makes things even more annoying than using a fiat bank. But the way I understand the announcement, it means nothing changes when you use Coinbase simply to buy Bitcoin or other cryptocurrencies. After you moved the coins to your wallet, Coinbase is not involved anymore, and you can do whatever you want in a decentralized fashion. Overall, my image of Coinbase has gone down quite a bit lately. It seems they are not embracing decentralization and just hope to build a strong crypto company. One that makes the more money, the more centralized this industry will become. Reminds me of AOL. And of Yahoo under Marissa Mayer. A big indicator for this is that they have so little focus on the Lightning Network. That reminds me of how Yahoo tried to use their portal to become a media company rather than an internet company. And then Google came along and got way bigger than Yahoo. By letting people explore the open web. I remember a Google employee once saying "Our goal is that the user leaves our website as soon as possible. Because that means they found what they were looking for.". Coinbase seems to not have that mindset. They seem to bet on becoming "the crypto everything company". A bank, a marketplace, a social network, a browser .... did this "We will do everything" ever work for a young company? But maybe it will now, that so much money flows into tech companies? The market cap of Coinbase at IPO was 50x bigger than that of Yahoo. It will be interesting to watch this company progress.