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
Identity verification is a core operational requirement for regulated financial services platforms. The provision establishes the scope of personal data collection necessary for compliance with anti-money laundering and know-your-customer regulatory obligations, and specifies that biometric processing may be delegated to external service providers.
Users who access Coinbase services must provide government-issued identification and consent to facial recognition processing as a condition of account verification. The terms authorize collection and processing of this data through both Coinbase and third-party service providers designated by Coinbase.
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"By clicking 'Next', you are indicating that you have read and agree to the TERMS OF USE AND PRIVACY POLICY"
We automatically collect certain information from your device, including information about your web browser, IP address, time zone, and some of the cookies that are installed on your device. Additionally, as you browse the Service, we collect information about the individual web pages or products th...
Location data. Data about your device's location, which can be either precise or imprecise. For example, we collect location data using Global Navigation Satellite System (GNSS) (e.g., GPS) and data about nearby cell towers and Wi-Fi hotspots. Location can also be inferred from a device's IP address...
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"We collect personal information from you when you use our Services or otherwise interact with us. This includes: Identity Verification Information: government-issued identity documents (e.g., passport, driver's license), photographs, and other information needed to verify your identity in accordance with applicable law. We may use third-party identity verification services that collect and process biometric data, including facial recognition data, to verify your identity.— Excerpt from Coinbase's Coinbase Privacy Policy
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Identity verification is a core operational requirement for regulated financial services platforms. The provision establishes the scope of personal data collection necessary for compliance with anti-money laundering and know-your-customer regulatory obligations, and specifies that biometric processing may be delegated to external service providers.
Users who access Coinbase services must provide government-issued identification and consent to facial recognition processing as a condition of account verification. The terms authorize collection and processing of this data through both Coinbase and third-party service providers designated by Coinbase.
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