Coinbase UK Branch Fined Over $4.5 Million by FCA Over Repeated Breach Of Requirement

CB Payments Limited, a part of Coinbase Group, has been fined just over 3.5 million British pounds ($4.5 million) by the Financial Conduct Authority for ‘repeatedly breaching a requirement that prevented the firm from offering services to high-risk customers.’ Coinbase UK Branch Breaches Agreement With FCA In October 2020, Coinbase’s UK branch, CBPL, agreed to … source: https://coinpedia.org/news/coinbase-uk-branch-fined-over-4-5-million-by-fca-over-repeated-breach-of-requirement/