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Coinbase Hit With $24.7M Fine After “Critical” Tech Errors Left Suspicious Transactions Unscreened

Coinbase Hit With $24.7M Fine After “Critical” Tech Errors Left Suspicious Transactions Unscreened

By Cryptonews
Coinbase has paid a €21.5M fine in Ireland following monitoring errors, has re-screened transactions and filed STRs, and has upgraded systems and oversight. EU regulators have increased AML checks, while Coinbase has positioned its Dublin hub for MiCA.

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