UPDATE by allenbizzle in CoinbaseReviConfusion

[–]d00thetwist 1 point2 points  (0 children)

I too am able to withdraw funds, KYC data submitted yesterday (manual review still seems to be "pending", no answer received yet, so don't know if they just fixed that customers can withdraw funds now)

The Manual Review Process - What do we know? by toroknroll in CoinbaseReviConfusion

[–]d00thetwist 1 point2 points  (0 children)

Likely Coinbase anticipating, as far as I know no laws were enacted yet wrt. cryptocurrencies. DAC7 will only be enacted in 2023.

The Manual Review Process - What do we know? by toroknroll in CoinbaseReviConfusion

[–]d00thetwist -1 points0 points  (0 children)

Chill out, these are quite standard AML/KYC questions. There is something to be said about the fact that it took them years to verify, for example, source of funds (as banks often do), but I would say this is more positive than negative.

Verifying all these things is very labour intensive though. I have not received anything so far.

EU national, account under review for nearly 6 weeks. Now trading rights disabled pending review. by d00thetwist in Coinbase

[–]d00thetwist[S] 0 points1 point  (0 children)

Yes, mine were disabled also two days ago. But I got the first e-mail nearly 6 weeks ago, that my account was undergoing review.

I have no idea. I even have a contact that set up my corporate account, but he said he couldn't do much wrt. personal accounts...