Based on available information, particularly concerning Coinbase NFT, this specific service is not supported in all global regions. It's important to note that the following restrictions apply to Coinbase NFT and countries subject to broader U.S. financial regulations.
Restricted Regions for Coinbase NFT
Coinbase NFT services are unavailable in the following areas:
-
Singapore:
- Singapore is explicitly listed as a country where Coinbase NFT is not supported. Users in Singapore are unable to access or utilize the Coinbase NFT platform.
-
Countries Restricted by the Office of Foreign Assets Control (OFAC):
- Coinbase NFT services are also prohibited in any country subject to sanctions administered by the Office of Foreign Assets Control (OFAC). OFAC is an agency of the U.S. Department of the Treasury that implements and enforces economic and trade sanctions based on U.S. foreign policy and national security goals.
- These sanctions often involve restricting financial transactions and services to certain countries, entities, or individuals. The list of OFAC-sanctioned countries is dynamic and can change based on geopolitical developments.
- Examples of countries that have historically been, or are currently, subject to comprehensive OFAC sanctions include (but are not limited to):
- Cuba
- Iran
- North Korea
- Syria
- Certain regions within other countries (e.g., Crimea, the so-called Donetsk People's Republic (DPR), and Luhansk People's Republic (LPR) in Ukraine).
Summary of Coinbase NFT Restrictions
For clarity, the regions where Coinbase NFT is not allowed can be summarized as:
| Category of Restriction | Description |
|---|---|
| Singapore | An explicitly unsupported country for Coinbase NFT services. |
| OFAC-Restricted Countries | Any nation or region currently under economic sanctions by the U.S. Office of Foreign Assets Control. |
Users should consult official OFAC resources for the most current and comprehensive list of sanctioned countries to ensure compliance.
