Irish central bank fines Coinbase arm $3.6 million over oversight failures
🤖 AI-generated content — The title and summary were produced automatically by artificial intelligence, without human editorial review.
The Central Bank of Ireland fined Coinbase Ireland $3.6 million for oversight and customer-fund safeguarding failures between 2020 and 2025, including improper reliance on its US parent for outsourced services. Coinbase Ireland admitted the breaches; the sanctions require high court approval.
Continue in the app — vote & join in ➔Source: Cointelegraph · via ahirlevel.hu