Coinbase fined $100M over KYC and AML failures
Coinbase says it will pay $50 million to tie up the investigation and the same amount again to bring its compliance programs up to standard.
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Coinbase says it will pay $50 million to tie up the investigation and the same amount again to bring its compliance programs up to standard.
Brian Armstrong says he's bullish on crypto, but eyebrows were raised when it was revealed he's sold all of his Coinbase common stock.
The Wall Street Journal claims that Coinbase has been using its own funds to speculate on cryptocurrencies.
Congressman Raja Krishnamoorthi wants Coinbase, KuCoin, FTX, Kraken, and Binance.US, to prove they're doing all they can to protect traders.
Experts say that Coinbase could be in trouble if users can prove they would have sold up earlier if only they'd received the email updates.
The firm says it makes sense to judge this quarter's $1.1 billion net loss against the peaks and troughs of the past two years.
A new Coinbase lawsuit alleges its extra-security subscription model leaves users exposed to hacks unless they cough up $360 a year.
The SEC has already claimed that a number of the 150 tokens traded via Coinbase meet all of the requirements to be classed as securities.
Coinbase took just an hour and a half to fix its latest withdrawal problem that left US users unable to cash out to their bank accounts.
Vauld's crypto platform suspended customer trading, withdrawals and deposits despite layoffs and previous assurances of "operation as usual".