Coinbase UK Hit with $4.5M Fine for High-Risk Customer Onboarding
Coinbase’s UK subsidiary, CBPL, has been fined $4.5 million for violating the FCA agreement, which prohibits the platform from onboarding high-risk customers. The United Kingdom regulators have levied a $4.5 million (£3.5 million) fine on Coinbase’s UK subsidiary, CB Payments Limited (CBPL). A penalty is imposed for violating a voluntary agreement that is intended to […]