The Central Bank of Ireland has taken action! Coinbase Ireland was fined $3.6 million over failures to safeguard customer funds. During the 2023 Silvergate crisis, Coinbase had 30 customers transfer their money to another US bank account, crossing a regulatory red line.

#加密货币监管 $COIN

Irish Central Bank slams Coinbase Ireland with $3.6M fine over fund safeguarding failures. When Silvergate was collapsing in 2023, Coinbase directed 30 customers to move funds to another US bank account. Tough regulation coming for crypto exchanges!

#CryptoRegulation $COIN