UK fines Coinbase £3.5M for ‘repeated and material breaches’ of financial crime controls

The FCA fined a £3.5 million (US$4.5 million) penalty on Coinbase's CB Payments Limited for "repeatedly breaching a requirement that prevented the firm from offering services to high-risk customers." [...]…

Continue ReadingUK fines Coinbase £3.5M for ‘repeated and material breaches’ of financial crime controls