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cb payments – DIGIT INFO https://www.digit.info Bookmarking Crypto Insights Fri, 26 Jul 2024 00:30:41 +0000 en-US hourly 1 https://wordpress.org/?v=6.9.4 https://www.digit.info/wp-content/uploads/2024/07/cropped-61589-32x32.png cb payments – DIGIT INFO https://www.digit.info 32 32 UK Regulator Fines Coinbase’s CB Payments $4.5 Million for Serving High-Risk Customers https://www.digit.info/uk-regulator-fines-coinbases-cb-payments-4-5-million-for-serving-high-risk-customers/ Fri, 26 Jul 2024 00:30:41 +0000 https://www.digit.info/uk-regulator-fines-coinbases-cb-payments-4-5-million-for-serving-high-risk-customers/ Read more]]> UK Regulator Fines Coinbase' CB Payments $4.5 Million for Serving High-Risk Customers Despite RestrictionsThe UK Financial Conduct Authority (FCA) has fined Coinbase’s payments arm, CB Payments Limited, £3,503,546 for breaching compliance rules by serving high-risk customers despite restrictions. The regulator explained that this marks the FCA’s first enforcement action against a firm facilitating cryptoasset trading. The violations involved significant transactions undetected for almost two years. FCA Fines Coinbase’s […]

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