Cryptocurrency Prices today, Charts And Market Capitalizations |Ty gia Coin logo Cryptocurrency Prices today, Charts And Market Capitalizations |Ty gia Coin logo
Bitcoinist 2023-01-04 15:45:23

Coinbase Fined $50 Million for Lax Anti-Money Laundering Measures

Per a report from the New York Times (NYT), crypto exchange Coinbase (COIN) reached an agreement with the New York Department of Financial Services (NYDFS). The company will pay around $100 million to improve its account and background checks. Related Reading: UK Plans To Launch New Unit To Tackle Crypto Crimes Half of the settlement

Read the Disclaimer : All content provided herein our website, hyperlinked sites, associated applications, forums, blogs, social media accounts and other platforms (“Site”) is for your general information only, procured from third party sources. We make no warranties of any kind in relation to our content, including but not limited to accuracy and updatedness. No part of the content that we provide constitutes financial advice, legal advice or any other form of advice meant for your specific reliance for any purpose. Any use or reliance on our content is solely at your own risk and discretion. You should conduct your own research, review, analyse and verify our content before relying on them. Trading is a highly risky activity that can lead to major losses, please therefore consult your financial advisor before making any decision. No content on our Site is meant to be a solicitation or offer.