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The UK Monetary Conduct Authority (FCA) has fined Coinbase’s funds arm, CB Funds Restricted, £3,503,546 for breaching compliance guidelines by serving high-risk clients regardless of restrictions. The regulator defined that this marks the FCA’s first enforcement motion in opposition to a agency facilitating cryptoasset buying and selling. The violations concerned vital transactions undetected for nearly two years. FCA Fines Coinbase’s […]
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