Coinbase streamlines registration for China users

Coinbase now allows mainland China users to register with national ID cards and local addresses, streamlining verification. Crypto trading regulations in China remain unchanged.

Coinbase has updated its account registration process, now allowing users in mainland China to sign up using Chinese national ID cards and local addresses. This update streamlines identity verification, removing the previous requirement for a Chinese passport and Hong Kong residency documents, which had been a barrier for many potential users. Multiple sources and Coinbase staff confirm that the new process can be completed quickly, sometimes in as little as one minute, although processing times may vary. Despite the easier registration, strict regulations on cryptocurrency trading in China remain unchanged. Users are still restricted from buying and selling cryptocurrencies using the Chinese yuan through public trading platforms. Coinbase has not issued a formal announcement about the change or clarified which products will be available to newly registered users from mainland China. The company’s public documentation had not yet been updated to reflect the new registration options at the time of reporting.