As a provider of financial services, Coinbase must accurately determine our customers' countries of residence. This allows us to provide appropriate payment methods based on residency.
Additionally, assigning the appropriate country ensures that the correct legal entity is providing services for your jurisdiction. This allows us to follow relevant laws regarding data privacy, tax reporting, regulatory compliance, and properly track financial costs (such as bonds and insurance).
If Coinbase detects a mismatch between your country setting and provided documents, we may request that you process a country change. If you are unable to do so within the allocated time, your account may be suspended until a country change is processed.