Newsworthy: WikiLeaks loses access to CoinbasesteemCreated with Sketch.

in news •  7 years ago 

Hi fellow Steemians!

Pretty interesting news. WikiLeaks Shop, the merchandise outlet of the famous site that publishes secret information and leaked news, has lost its access to Coinbase, one of the most high profile cryptocurrency exchange sites.

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No specific reason has been given for Coinbase's action, but it has allegedly violated the terms of service and pointed to its legal requirement to honor "regulatory compliance mechanisms" under the US' Financial Crimes Enforcement Network.

WikiLeaks Shop is still able to accept cryptocurrencies however, but just not through Coinbase's systems. Supporters of WikiLeaks are calling for boycott of Coinbase. What's ironic, as the Verge points out, is WikiLeaks got on board with cryptocurrency to get away from conventional payment services that shut off access. Now WikiLeaks has to find another exchange that will accept them.

It'll be interesting to see if there will be any retaliatory 'leaks' from WikiLeaks on Coinbase.

Photo Sources:
RT News
BitcoinExchangeGuide

Story Source: The Verge

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Thanks for the interesting news :D Great stuff!

Thank you very much!

  ·  7 years ago Reveal Comment