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Home›Crypto›Bitcoin›Central Bank of Ireland Fines Coinbase Unit €3.25 Mill…

Central Bank of Ireland Fines Coinbase Unit €3.25 Million Over Customer Fund Safeguarding Failures

Reported · Written up by our desk · Bitcoin

Bitcoin Magazine Central Bank of Ireland Fines Coinbase Unit €3.25 Million Over Customer Fund Safeguarding Failures Ireland’s central bank has fined Coinbase Ireland €3.25 million for allowing customer funds to mix with other Coinbase entities’ money and for relying on its US parent to run safeguarding controls. This post Central Bank of Ireland Fines Coinbase Unit €3.25 Million Over Customer Fund Safeguarding Failures first appeared on Bitcoin Magazine and is written by Micah Zimmerman .

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Sources

Bitcoin MagazineCentral Bank of Ireland Fines Coinbase Unit €3.25 Million Over Customer Fund Safeguarding Failures
The DefiantCoinbase Ireland Fined €3.25 Million Over Customer-Fund Failures

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