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Coinbase Fined Again in Ireland, This Time $3.6M Over Fund Safeguarding

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Coinbase Fined Again in Ireland, This Time $3.6M Over Fund Safeguarding

The Central Bank of Ireland penalized Coinbase Ireland €3,252,618 for leaning too heavily on its U.S. parent and leaving its safeguarding account underfunded—its second hit to the exchange’s European arm in the last year.

Key Takeaways

  1. The Central Bank of Ireland penalized Coinbase Ireland €3,252,618 for leaning too heavily on its U.S.
  2. parent and leaving its safeguarding account underfunded—its second hit to the exchange’s European arm in the last year.
  3. Read the full article for additional context and details.
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Summary generated by IndiCrypto from Decrypt. IndiCrypto is a news aggregator and does not provide investment advice. Read the original article for full context.