Tag: Coinbase

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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Coinbase CEO Brian Armstrong Shakes Prediction Markets with Last-Second “Crypto Buzzword” Drop During Earnings Call

Quick Breakdown  Brian Armstrong’s final words on the Q3 call triggered all related prediction markets to resolve “yes.” Traders cheered the move, though some warned it blurs ethical boundaries in prediction markets. Coinbase’s strong Q3 results reaffirm its position among leading corporate Bitcoin holders.   Coinbase CEO’s last-minute remarks shock ...

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Citi and Coinbase Partner to Power Institutional Digital Asset Payments

Quick Breakdown: Citi partners with Coinbase to expand digital asset payment infrastructure for institutional clients. Collaboration begins with fiat pay-ins/pay-outs and payments orchestration for on/off ramps. Plans underway to explore stablecoin payout options and enhance 24/7 cross-border payment efficiency. Citigroup Inc has announced a strategic collaboration with Coinbase to develop ...

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Global AWS Outage Disrupts Coinbase, Robinhood, and Major Online Platforms

Quick Breakdown  AWS outage disrupted major platforms including Coinbase, Robinhood, and Snapchat. Users expressed frustration over failed trades and access issues. The event highlights the risks of centralized web infrastructure dependence.   Crypto platforms hit by widespread service outage A major technical disruption early Monday caused several leading online platforms, ...

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France Targets Binance, Coinbase in Sweeping AML Inspections Ahead of EU Crypto Licensing

Quick Breakdown  France’s ACPR launches AML inspections on Binance, Coinhouse, and other crypto firms. Checks determine eligibility for MiCA licensing ahead of the June 2026 EU deadline. Only Deblock, GOin, Bitstack, and CACEIS have received MiCA approvals so far.   France’s top financial regulator has launched extensive anti-money laundering (AML) ...

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