Ireland Fines Coinbase Unit €3.25 Million for Safeguarding Breaches
The Central Bank of Ireland fined Coinbase Ireland for breaches of customer fund safeguarding and outsourcing rules under the Electronic Money Regulations. The company admitted the violations on Oct. 21, the regulator said.
The Central Bank of Ireland said Thursday that it fined Coinbase Ireland 3.25 million for breaching customer-fund safeguarding and outsourcing rules under the Electronic Money Regulations. The regulator said the exchange admitted the violations on Oct. 21 and…