Coinbase Ireland Hit With €3.25 Million Regulatory Penalty
The Central Bank of Ireland announced on October 22 that it had fined Coinbase Ireland Limited €3,252,618 for breaches of safeguarding and outsourcing.
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Central 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.
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