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Coinbase Unit Fined £3.5M For Crypto-Related Breaches

Gunnar Larson

26 Jul 2024 26 Jul '24
6:04 a.m.

Coinbase Unit Fined £3.5M For Crypto-Related Breaches <https://www.law360.co.uk/financial-services-uk/articles/1861972?nl_pk=a94fc7ab-a9ab-4472-a647-9bf619c7b000&utm_source=newsletter&utm_medium=email&utm_campaign=financial-services-uk&utm_content=2024-07-26&read_main=1&nlsidx=0&nlaidx=3> By Alex Davidson The Financial Conduct Authority said Thursday it has fined a payments company £3.5 million ($4.5 million) for "repeatedly breaching" restrictions against enabling crypto-asset trading, the first time the watchdog has taken enforcement action under regulations governing electronic money. Read full article » <https://www.law360.co.uk/financial-services-uk/articles/1861972?nl_pk=a94fc7ab-a9ab-4472-a647-9bf619c7b000&utm_source=newsletter&utm_medium=email&utm_campaign=financial-services-uk&utm_content=2024-07-26&read_more=1&nlsidx=0&nlaidx=3> | Save to favorites » <https://www.law360.co.uk/financial-services-uk/articles/1861972?nl_pk=a94fc7ab-a9ab-4472-a647-9bf619c7b000&utm_source=newsletter&utm_medium=email&utm_campaign=financial-services-uk&utm_content=2024-07-26&read_later=1&nlsidx=0&nlaidx=3>

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