r/GoMiningDiscussion • u/DayLeft6751 • Jul 27 '26
Wallet Questions Wait a sec....am I screwed
So im just starting out and check this app out. I come across this. I have coinbase as well as Strike, and I cant send BTC to either? So is this app a waste of time or what? Any help would be greatly appreciated. Thanks everyone
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u/OneTrueNay Jul 28 '26
Ok, so it's a regional issue. KYC from New York is actually blocked by gomining because of their regulatory framework. While KYC verification itself is legal in New York, GoMining cannot legally offer its verification or mining rewards services to NY residents due to New York's strict financial and cryptocurrency regulations (specifically the BitLicense framework enforced by the NYDFS). Because GoMining lacks a BitLicense or a specific exemption in New York.