EconomyIrish central bank fines Coinbase Ireland $3.6 million over fund safeguarding failures
Ireland’s central bank fined Coinbase Ireland $3.6 million for failures to safeguard funds. When Silvergate was close to collapse in 2023, Coinbase told 30 customers to deposit funds into an alternative account it held at another U.S. bank.
Irish central bank fines Coinbase Ireland $3.6 million over fund safeguarding failures
Economy