Crypto giant Coinbase fined in Ireland for rule breaches

Coinbase has its European headquarters in Ireland
Coinbase has its European headquarters in Ireland.

Ireland’s central bank imposed a fine of 21.5 million euros ($24.7 million) Thursday on crypto giant Coinbase over transaction monitoring failures, including some potentially linked to criminal activities.

The Central Bank of Ireland said in a statement that it had fined the firm “for breaching its anti- and counter-terrorist financing monitoring…

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