Coinbase · Coinbase Privacy Policy · View original document ↗

Data Retention Post-Account-Closure

Medium severity Unique · 0 of 343 platforms
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Document Record

What it is

Coinbase retains your personal data — including your identity documents, transaction history, and financial information — for extended periods after you close your account, primarily to comply with anti-money-laundering and regulatory requirements.

This analysis describes what Coinbase's agreement states, permits, or reserves. It does not constitute a legal determination about enforceability. Regulatory applicability and practical outcomes may vary by jurisdiction, enforcement context, and individual circumstances. Read our methodology

ConductAtlas Analysis

Why it matters (compliance & governance perspective)

This clause specifies the operational framework for data lifecycle management post-account-termination and establishes the conditions triggering deletion obligations. It delineates Coinbase's responsibilities to remove personal information contingent on account status and affirmative user deletion requests or legal requirements.

Clause Stability Stable

0
Changes
3
Months Monitored
Apr 3, 2026
First Seen
Apr 17, 2026
Last Seen
This clause type exists across 343 other provisions on other platforms.

Consumer impact (what this means for users)

Even after you close your account, Coinbase retains your Social Security number, government ID, and full transaction history for at least five years under FinCEN rules — your data remains exposed to breach or government disclosure indefinitely after you stop using the platform.

What you can do

⚠️ These actions may provide transparency or partial mitigation but may not fully address the underlying issue. Effectiveness varies by jurisdiction and individual circumstances.
  • Delete Your Data
    Submit a data deletion request via the Coinbase Privacy Center at coinbase.com/settings/privacy. Note that regulatory retention obligations may limit what data can be deleted, and Coinbase will notify you of any data it is legally required to retain.

How other platforms handle this

Waze Medium

We retain personal data for as long as necessary to provide our services, fulfill the purposes described in this Privacy Policy, comply with our legal obligations, resolve disputes, and enforce our agreements. The specific retention period for each category of personal data depends on the purpose fo...

Midjourney Medium

We retain your personal information for as long as necessary to fulfill the purposes outlined in this privacy policy, unless a longer retention period is required or permitted by law. We may also retain and use your information to comply with our legal obligations, resolve disputes, and enforce our ...

Spotify Medium

Please note there are situations where Spotify is unable to delete your data, for example when: it's still necessary to process the data for the purpose we collected it for; we have an overriding interest in continuing to process the data, for example where we need the data to protect our services f...

See all platforms with this clause type →

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▸ View Original Clause Language DOCUMENT RECORD
"
In line with these considerations, we delete information that is no longer needed for the above purposes when you close your account, or when you request deletion of your information, or if required under applicable law, when you withdraw consent to us using your information (which you can initiate through your Privacy Rights Dashboard).

— Excerpt from Coinbase's Coinbase Privacy Policy

ConductAtlas Analysis

Institutional analysis (Compliance & governance intelligence)

REGULATORY FRAMEWORK: BSA/FinCEN requires retention of Customer Identification Program records for five years after account closure (31 CFR §1020.220(a)(3)) and records of each transaction for five years from the date of the transaction (31 CFR §1010.430). GDPR Art. 5(1)(e) storage limitation principle requires data be kept no longer than necessary — regulatory retention mandates constitute a lawful exception under Art. 6(1)(c), but the retention period must be precisely defined and documented. CCPA §1798.105 permits businesses to deny deletion requests where retention is required by law.

Full compliance analysis

Regulatory citations, enforcement risk, and due diligence action items.

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Applicable agencies

  • FTC
    The FTC can act against companies that retain data beyond disclosed purposes or fail to honor deletion requests in a timely and complete manner.
    File a complaint →

Applicable regulations

CCPA/CPRA
California, USA
FCRA
United States Federal
GDPR
European Union
GLBA
United States Federal
Indiana Consumer Data Protection Act
US-IN
UK GDPR
United Kingdom

Provision details

Document information
Document
Coinbase Privacy Policy
Entity
Coinbase
Document last updated
May 5, 2026
Tracking information
First tracked
March 6, 2026
Last verified
March 31, 2026
Record ID
CA-P-000417
Document ID
CA-D-00048
Evidence Provenance
Source URL
Wayback Machine
Content hash (SHA-256)
1e2506b366d009cb87c4af541db6d3398a97d65eb52a41c7a4136c9e5a2ef1af
Analysis generated
March 6, 2026 20:01 UTC
Methodology
Evidence
✓ Snapshot stored   ✓ Hash verified
Citation Record
Entity: Coinbase
Document: Coinbase Privacy Policy
Record ID: CA-P-000417
Captured: 2026-03-06 20:01:54 UTC
SHA-256: 1e2506b366d009cb…
URL: https://conductatlas.com/platform/coinbase/coinbase-privacy-policy/data-retention-post-account-closure/
Accessed: June 10, 2026
Permanent archival reference. Stable identifier suitable for legal filings, compliance documentation, and research citation.
Classification
Severity
Medium
Categories

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Frequently Asked Questions

What does Coinbase's Data Retention Post-Account-Closure clause do?

This clause specifies the operational framework for data lifecycle management post-account-termination and establishes the conditions triggering deletion obligations. It delineates Coinbase's responsibilities to remove personal information contingent on account status and affirmative user deletion requests or legal requirements.

How does this clause affect you?

Even after you close your account, Coinbase retains your Social Security number, government ID, and full transaction history for at least five years under FinCEN rules — your data remains exposed to breach or government disclosure indefinitely after you stop using the platform.

Is ConductAtlas affiliated with Coinbase?

No. ConductAtlas is an independent monitoring service. We are not affiliated with, endorsed by, or sponsored by Coinbase.