PANews reported on November 6th that, according to its official blog, Coinbase Europe Limited has reached a settlement with the Central Bank of Ireland (CBI) regarding coding errors that affected transaction monitoring in 2021 and 2022. The settlement stemmed from certain technical coding errors that occurred during Coinbase's monitoring of cryptocurrency transactions in 2021 and 2022. The CBI used Coinbase's average annual revenue of €417 million from 2021 to 2024 as a benchmark for calculating the fine, ultimately resulting in Coinbase paying a fine of €21.5 million in this settlement.PANews reported on November 6th that, according to its official blog, Coinbase Europe Limited has reached a settlement with the Central Bank of Ireland (CBI) regarding coding errors that affected transaction monitoring in 2021 and 2022. The settlement stemmed from certain technical coding errors that occurred during Coinbase's monitoring of cryptocurrency transactions in 2021 and 2022. The CBI used Coinbase's average annual revenue of €417 million from 2021 to 2024 as a benchmark for calculating the fine, ultimately resulting in Coinbase paying a fine of €21.5 million in this settlement.
Coinbase has reached a settlement with the Central Bank of Ireland to resolve past errors in transaction monitoring, and will pay a fine of €21.5 million.
PANews reported on November 6th that, according to its official blog, Coinbase Europe Limited has reached a settlement with the Central Bank of Ireland (CBI) regarding coding errors that affected transaction monitoring in 2021 and 2022. The settlement stemmed from certain technical coding errors that occurred during Coinbase's monitoring of cryptocurrency transactions in 2021 and 2022. The CBI used Coinbase's average annual revenue of €417 million from 2021 to 2024 as a benchmark for calculating the fine, ultimately resulting in Coinbase paying a fine of €21.5 million in this settlement.
Market Opportunity
Lorenzo Protocol Price(BANK)
$0.04829
$0.04829$0.04829
USD
Lorenzo Protocol (BANK) Live Price Chart
Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact service@support.mexc.com for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.
You May Also Like
Nvidia shares fall 3%
The post Nvidia shares fall 3% appeared on BitcoinEthereumNews.com. Home » AI » Nvidia shares fall 3% Chipmaker extends decline as investors continue to take profits from recent highs. Photo: Budrul Chukrut/SOPA Images/LightRocket via Getty Images Key Takeaways Nvidia’s stock decreased by 3% today. The decline extends Nvidia’s recent losing streak. Nvidia shares fell 3% today, extending the chipmaker’s recent decline. The stock dropped further during trading as the artificial intelligence chip leader continued its pullback from recent highs. Disclaimer Source: https://cryptobriefing.com/nvidia-shares-fall-2-8/
Share
BitcoinEthereumNews2025/09/18 03:13
Zero Knowledge Proof Kicks Off 2026 With Presale Auction Plus $5M Reward – Could This Spark Major Movement?
Most crypto markets concentrate on popular names bouncing back from the latest drops, yet one presale auction grabs focus for completely different reasons. Zero
Share
LiveBitcoinNews2026/01/15 05:00
Uphold’s Massive 1.59 Billion XRP Holdings Shocks Community, CEO Reveals The Real Owners
Uphold, a cloud-based digital financial service platform, has come under the spotlight after on-chain data confirmed that it safeguards approximately 1.59 billion XRP. According to Uphold’s Chief Executive Officer (CEO), Simon McLoughlin, these tokens are fully owned by customers, not the exchange itself. Uphold Clarifies Massive XRP Holdings The crypto community was taken by surprise […]
Share
Bitcoinist2025/09/18 00:30