Coinbase Ireland faces €3.25M fine over customer fund safeguards
Coinbase Ireland has agreed to a €3.25 million fine over failures to protect customer funds and oversee outsourced controls, with the sanctions awaiting High Court approval. The Central Bank of Ireland announced the settlement on Oct. 22, covering breaches of…
Read it in your languageMachine translation by Google of the publisher's page
Explained in this story
Sanctions
Penalties such as trade bans, asset freezes or travel bans imposed by one or more countries on another country, group or person.
Sanctions are used to pressure governments without military action, with costs for both sides.
More about SanctionsCentral bank
The public institution that manages a country's currency, money supply and benchmark interest rate, such as the Federal Reserve or the Reserve Bank of India.
Its decisions on rates and money supply move loan costs, currencies and markets for everyone in the economy.
More about Central bankMore in Regulation
From the blog
Analyst Predicts XRP Is Nearing a Record Price High
Analyst Crypto Captain predicts that XRP will reach a record price high of $22, though the digital asset faces significant…
Elara Winter2 min read
Prominent Analyst Predicts XRP Price Target if Bitcoin Reaches $1M
Trader Crypto Rover released ambitious long-term price targets for several major cryptocurrencies, setting a $100 objective for XRP and a…
Elara Winter3 min read
Expert Forecasts Near-Term Price Target Following XRP Rebound
Crypto analyst Ali Martinez has shared updated price targets for XRP, Bitcoin, and Ethereum following a predicted market rebound, highlighting…
Elara Winter2 min read