Coinbase Quietly Reopens the Door to China? Users Report Mainland ID Verification Now Accepted
AI Market Summary
User reports indicate Coinbase may be allowing account verification using Chinese national IDs and mainland addresses, implying potential re-engagement with Chinese users despite no formal confirmation and unchanged support docs. If accurate, this could expand addressable retail flow and improve growth expectations for Coinbase's ecosystem. The market impact hinges on regulatory constraints and whether the change is sustained or later reversed.
Impact level
● Medium
Affected assets
NCSKCOIN2USD/USDT+3.68%
AI Insight · NCSKCOIN2USD/USDTAI Insight
▲ Bullish
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Coinbase may be edging back toward the China market. Users said on July 14 that the crypto exchange has started allowing account verification using Chinese national ID cards along with mainland China addresses. Multiple posts circulated online with screenshots showing registrations completed successfully.
Coinbase has not issued any public statement confirming the change. Its help documentation still indicates that a passport is required for identity verification.
Source: BeInCrypto
