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Coinbase Reaches $100 Million Settlement With New York Regulators

The New York Times – Business:

The U.S. crypto exchange will pay a $50 million fine for letting customers open accounts with few background checks and spend $50 million to improve compliance.

Matthew Goldstein
Author: Matthew Goldstein

This post first appeared in The New York Times – Business. Read the original article.

Written by

Matthew Goldstein

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Coinbase Inc, Department of Financial Services (NYS), Fines (Penalties), Regulation and Deregulation of Industry, Securities and Commodities Violations, Securities and Exchange Commission, United States, Virtual Currency
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