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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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.
Category: technology
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