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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

in

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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