✉news BusinessCrypto first seen 1 d ago, last 1 d ago, peak #5
Ireland Fines Coinbase Unit €3.25 Million Over Customer Fund Failures
Original: Central Bank of Ireland Fines Coinbase Unit €3.25 Million Over Customer Fund Safeguarding Failures
The Central Bank of Ireland has fined Coinbase's Irish operations €3.25 million over failures in how the crypto exchange safeguarded customer funds. The penalty is one of the more significant enforcement actions taken by the regulator against a major cryptocurrency company operating in Ireland, and it adds to the scrutiny Coinbase faces from financial authorities in Europe as it expands its presence in the region.
Why now: Regulators are intensifying oversight of major crypto firms and Coinbase is one of the largest exchanges operating in Europe.
Central Bank of IrelandCoinbaseIreland
Rank over time, top of the chart is #1. 19 snapshots from 1 d ago to 1 d ago.
Evidence
- Central Bank of Ireland Fines Coinbase Unit €3.25 Million Over Customer Fund Safeguarding Failures · Bitcoin Magazine
API: https://socialmediatrends-api.osmike.com/v1/trends/3246036