47% Would Leave Coinbase As It Offers Crypto Surveillance Tools to the US Government
Recently emerged public documents indicate that the largest US-based cryptocurrency exchange –Coinbase – plans to sell blockchain analytics software to two US government agencies. The IRS document, published in April this year, outlines the connection between Coinbase Analytics and Neutrino – the blockchain intelligence platform that Coinbase purchased last year.
In addition to the Bitcoin Blockchain, Coinbase Analytics (aka Neutrino) allows for the analysis and tracking of cryptocurrency flows across multiple blockchains that criminals are currently using. Popular cryptocurrency analyst Josh Rager conducted a Twitter poll earlier today asking the community if they would “delete or stop using your Coinbase account?”