The Central Bank of Ireland (CBI) has asked Coinbase Europe Limited (CBEL) to pay a fine of nearly €21.5 million, equivalent to $24.7 million. This is for failing in its obligations to monitor money laundering and terrorist financing. Per an official statement from the cryptocurrency exchange, the settlement concerns coding errors that affected transaction monitoring in 2021 and 2022. Coinbase Fails in Duty as European VASP Coinbase announced that it has agreed to a $24.7 million settlement with the Cent ...