[jollybean]

The very fact that such exchanges exist kind of abnegate the promise of crypto.

Coinbase is asking for this information for very rational reasons ... the crypto space is re-learning all the problems that pop up when it comes to money and implementing regulations ad hoc.

There are definitely arguments to be made one way or another about such regulations either government or industry sanctioned ... but what we can't ignore is that money is important, and usually needs something more than what crypto offers in terms of practical integrity.