Rewards Hub Coinbase Europe Limited has settled with the Central Bank of Ireland (CBI) over past transaction monitoring errors, agreeing to pay a €21.5 million fine. The settlement addresses technical coding errors in Coinbase's transaction monitoring systems during 2021 and 2022. The CBI calculated the fine based on Coinbase's average annual revenue of €417 million from 2021 to 2024.
Coinbase Settles with Irish Central Bank, Pays €21.5 Million Fine
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