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What Does Coinbase Global (COIN) Irish Fine Mean For Its EU Oversight?

What Does Coinbase Global (COIN) Irish Fine Mean For Its EU Oversight?

  • Coinbase Global (NasdaqGS:COIN) had its Irish subsidiary fined by the Central Bank of Ireland for outsourcing and safeguarding breaches.

  • The regulator cited weaknesses in how Coinbase’s Ireland unit managed key third party providers and protected customer assets.

  • Coinbase cooperated with the investigation and stated that Irish customers did not suffer direct financial losses from the failings.

  • The outsourcing and safeguarding fine on Coinbase’s Irish arm is only one piece of the broader Coinbase Global story. Check out 1 other big win that Coinbase Global investors should know about.

Use this moment to compare Coinbase with a wider group of listed crypto platforms and infrastructure plays…

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