Washington Coinbase settles dispute with New York financial regulator over alleged violations of money laundering laws in $100 million settlement The state Department of Financial Services announced Wednesday that regulators have fined the crypto exchange $50 million.
Coinbase has pledged to invest $50 million in measures to prevent criminals from abusing the platform. Coinbase allowed users to open accounts without sufficient identity verification.
Further: FTX Founder Bankman-Fried ‘Not Guilty’
Main tasks of the day
Find the best jobs now
Will be notified by email.
“Amateur coffee fan. Travel guru. Subtly charming zombie maven. Incurable reader. Web fanatic.”
More Stories
AFTER CANCELLATION: Biden wants to wrap up his trip to Germany on Friday
US Concerned Over Shelling Of UN Peacekeepers – Politics –
Cleanup in the US: The effects of the hurricane are visible