Coinbase Europe Settles with Central Bank of Ireland Over Transaction Monitoring Errors
Quick Breakdown Coinbase Europe reached a €21.5M settlement with the Central Bank of Ireland over TMS coding errors. Errors affected 5 of 21 transaction monitoring scenarios, leading to 2,700 Suspicious Transaction Reports. Coinbase has enhanced oversight, testing, and new scenarios to strengthen crypto compliance and AML controls. Coinbase Europe ...
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