I have been following the news from afar that some of the Russian users' accounts are suspended and some are limited, which is one of the measures taken by Coinbase to participate in the sanctions imposed against Russia in the past days.
Since I did not have a chance to test its accuracy, I only saw it as a news compiled from related crypto news.
Almost at the same time as these restrictions, which are said to be for Russian citizens, an app payment I took to my Coinbase wallet was excluded from the options.
Since paypal is not used in my country, I contacted the support unit of the application and asked for Coinbase payments to be activated again or for another crypto currency to be added to the payment methods.
I also suggested BitcoinCash (BCH) as another crypto…
… And I was quite surprised by the response from my proposal.
Hello Sir/Ma'am,
Thank you for your patience so far.
We apologize for any inconvenience that you've experienced regarding the lack of availability for Bitcoin redemptions.
The company we partner with for these redemptions, Coinbase, recently made some changes to the regions where this redemption is available.
Unfortunately, as a result, this redemption is no longer available in your region.
That being said, we do have other redemptions items available that are similar in cost and we are always looking at other options to offer our users the most diverse set of rewards available.
We hope this helps answer your questions and that you have a great rest of your day.
After the Coinbase-related response of the Mode Earn App (current) application, I sent an e-mail to Coinbase and asked for information on whether there was a restriction.
It is very significant that the restrictions for Russian citizens and the restriction I have described here include the same dates.
Since the beginning of 2022, the "learn and earn" section, Coinbase's free earning application, has been closed to us. In this process, while Coinbase users from many different countries benefited from free airdrops, we only watched.
Most of the past years, the learn and win section was not working for my country anyway, but last year Coinbase took a step back by giving up blocking and we were satisfied.
Removing the question mark now will also determine my Coinbase use case.
I think I already know the answer to the e-mail I sent.
''I am sorry! We are unable to provide Coinbase support in your country.”
In this case, I have no choice but to move all my assets from Coinbase!
I think the restriction initiated against Russian citizens puts us (Turkey) in the same category.
In this case, crypto can be seriously injured during the war.
Where crypto was universal and decentralized? It may be important for the future of crypto that crypto users show a common reaction in this process.
Crypto must definitely exceed this stage, which can be restricted if someone wants it. Otherwise, many limitations may be encountered in the future for many reasons.
This may vary depending on the direction of the index finger, whose thoughts and desires the restrictions reflect.
Authorities, who have accused crypto of being used in illegal works until today, have attempted to use crypto in their own illegal works.