UK regulator fines Coinbase $4.5m over repeated services for ‘high-risk’ customers

Denis Omelchenko

The British financial regulator has fined crypto exchange Coinbase $4.5 million for “repeatedly breaching” a requirement that prevented it from serving “high-risk customers.” American cryptocurrency exchange Coinbase has been hit with a £3.5 million (around $4.5 million) fine as the…

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UK regulator fines Coinbase $4.5m over repeated services for ‘high-risk’ customers