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Coinbase Just Got Fined €21 Million – Should Users Worry?

Coinbase. Photo by BeInCrypto The Central Bank of Ireland (CBI) has fined Coinbase Europe Limited €21.46 million for major anti-money-laundering (AML) and counter-terrorist-financing (CTF) monitoring failures.  The fine marks the first enforcement action against a crypto company in Ireland and highlights growing regulatory scrutiny on digital asset exchanges. Coinbase Accused of Anti-Money Laundering Failures The CBI found that Coinbase failed to properly monitor over 30 million transactions worth €176 ...