Ireland’s Central Bank Fines Coinbase Unit €3.25 Million
Ireland’s central bank fined Coinbase Ireland over electronic-money safeguarding and outsourcing failures. The penalty is subject to High Court confirmation.
TL;DR: Ireland’s central bank imposed a €3.25 million penalty on Coinbase Ireland over electronic-money safeguarding and outsourcing failings, subject to High Court confirmation.Ireland's central bank has fined Coinbase Ireland €3,252,618 after finding failures in the way the company safeguarded el…