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Does Coinbase provide geolocation data to ice?

As per a new report, Coinbase has been providing users’ geolocation data to ICE. Coinbase Tracer has made this information accessible by the agency. The crypto exchange is in the crosshair once again after Goldman Sachs lowered its rating to “sell”.

What is Coinbase tracer?

Crypto exchange Coinbase's (COIN) analytics program, Coinbase Tracer, will provide the U.S. Immigration and Customs Enforcement agency (ICE) with data about crypto users, including “historical geo tracking data” and transaction history, according to a contract obtained by watchdog group Tech Inquiry.

Does Coinbase comply with the GDPR?

Also, since January 2020, Coinbase has a Privacy Dashboard. This allows all users to check the data that gets collected about them. Customers can also request the data to get modified or deleted. In Europe, Coinbase users can cite the GDPR for this. In the USA, Coinbase complies with the CCPA (California Consumer Privacy Act).

What is Coinbase's toolkit?

Coinbase’s toolkit enables quick integration with PrestaShop, Woo Commerce, Shopify, Magento, and Opencart. Coinbase frequently acquires businesses that provide data analysis.

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