Posted inBanking and Financial Institutions 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
Coinbase Reaches $100 Million Settlement With New York Regulators
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.