U.S.-based cryptocurrency exchange Coinbase Global Inc has reached a $100 million settlement with New York's Department of Financial Services (DFS), the exchange and the regulator said in statements on Wednesday.
A representation of the cryptocurrency is seen in front of Coinbase logo in this illustration taken, March 4, 2022. REUTERS/Dado Ruvic/Illustrationhas reached a $100 million settlement with New York's Department of Financial Services , the exchange and the regulator said in statements on Wednesday.
DFS found Coinbase treated its onboarding requirements for customers as a "simple check-the-box" and had not done sufficient background checks, DFS said in a statement.
Indonesia Berita Terbaru, Indonesia Berita utama
Similar News:Anda juga dapat membaca berita serupa dengan ini yang kami kumpulkan dari sumber berita lain.
Coinbase stock bounces after $100 million settlement deal with New York financial services regulatorShares of Coinbase Global Inc. bounced 4.1% in morning trading Wednesday, after it was announced that the cryptocurrency exchange agreed to a $100 million...
Baca lebih lajut »
Democrat Kathy Hochul sworn in as elected New York governor - New York Amsterdam NewsNew York Governor Kathy Hochul was sworn in for her first elected term on Sunday, making history as the first woman elected to the position in the state.
Baca lebih lajut »
Caesars Ohio Promo Code NYPBONUS1BET: Claim this sweet offer for the Ohio sports betting launchCaesars’ new Ohio offer lets gives customers get $100 in free bets on launch day.
Baca lebih lajut »
Coinbase Will Pay $50M Fine to New York Regulator to Settle Background Check Charges.coinbase will pay a $50 million fine to NYDFS to settle charges that it let users open accounts without sufficient background checks. By parikshitm899
Baca lebih lajut »
New laws in effect in New York and New JerseyAs we start the new year, some new laws are now effect in New York and New Jersey.
Baca lebih lajut »
Exxon, Chevron set to rake in almost $100 billion in yearly profitUS oil giants Exxon and Chevron are poised to reap $100 billion total profit bonanza from Russia's war on Ukraine
Baca lebih lajut »