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Coinbase reaches a $100M settlement with New York regulators over violating anti-money-laundering laws, comprising a $50M fine and $50M to boost compliance (New York Times)

Posted on by Editorial Team
04
Jan



New York Times:

Coinbase reaches a $100M settlement with New York regulators over violating anti-money-laundering laws, comprising a $50M fine and $50M to boost compliance  —  The U.S. crypto exchange will pay a $50 million fine for letting customers open accounts with few background checks and spend $50 million to improve compliance.



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