UK Regulator Fines Coinbase’s CB Payments $4.5 Million for Serving High-Risk Customers

The UK Financial Conduct Authority (FCA) has fined Coinbase’s payments arm, CB Payments Limited, £3,503,546 for breaching compliance rules by serving high-risk customers contempt restrictions. The regulator explained that this marks the FCA’s archetypal enforcement enactment against a steadfast facilitating cryptoasset trading. The violations progressive important transactions undetected for astir 2 years. FCA Fines Coinbase’s […]