Bitcoin (BTC) $66,289.46 0.88%
Ethereum (ETH) $1,795.32 4.07%
Tether (USDT) $1.00 -0.01%
Solana (SOL) 73.984577 3.94%
Cardano (ADA) $0.18 -2.31%
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Dogecoin (DOGE) $0.00 3.24%

Cryptocurrencies: 29106

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Market Cap: $2,269,883,174,045

24h Vol: $91,638,313,657

Bitcoinist

2023-01-04 15:45:23

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

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

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