Coinbase Settles Irish Regulatory Investigation Over Past Customer Fund Governance
Photo: Crypto Economy
TL;DR Coinbase agreed to pay a €3.25 million fine in Ireland over historical deficiencies in its customer fund safeguarding practices. The investigation identified errors in safeguarding calculations, transfers between entities, and shortcomings in the oversight of outsourced operations. The company said no customers suffered financial losses or lost access to their funds, and that all ... Read more
Source: Crypto Economy
