Wednesday, October 4, 2023
Bitcoin - Altcoin News
No Result
View All Result
  • Login
No Result
View All Result
Bitcoin News
No Result
View All Result
Home News coinbase

Breaking: Coinbase Fined For $3.6 Million For Operating In This Nation

news by news
January 26, 2023
in coinbase, Coinbase (COIN), News
0
Breaking: Coinbase Fined For $3.6 Million For Operating In This Nation
0
SHARES
78
VIEWS
Share on FacebookShare on Twitter

READ ALSO

FTX Creditors Could Get Full Recovery From Anthropic’s New Funding

XRP Price Prediction As Judge Torres Rejects SEC’s Appeal Bid in Ripple Lawsuit

Coinbase, the leading cryptocurrency exchange based in the United States, just got hit with a penalty of 3.3 million euros ($3.6 million) by the Dutch central bank (DNB) for failing to get the appropriate registration before providing crypto services in the Netherlands. The DNB stated that it had taken into account the fact that Coinbase was one of the largest corporations dealing in cryptocurrencies and had a substantial number of customers in the northwestern European country.

The authorities asserted that Coinbase did not comply with the regulations over the time period extending from November 2020 to August 2022. Coinbase’s business practices have already drawn the attention of government regulators and authorities. A settlement agreement in the amount of $100 million was reached between Coinbase Global Inc. and the New York Department of Financial Services (DFS) earlier this month.

It is anticipated that the share price of Coinbase (COIN) would react to the news as soon as the U.S. market opens up for trading on Thursday morning. As things stand, COIN price is marginally holding above the $50 mark–at $52.76–witnessing a significant drop of 1.48% yesterday.

This is a developing story and is being frequently updated.

The post Breaking: Coinbase Fined For $3.6 Million For Operating In This Nation appeared first on CoinGape.

Related Posts

24/7 Cryptocurrency News

FTX Creditors Could Get Full Recovery From Anthropic’s New Funding

October 4, 2023
24/7 Cryptocurrency News

XRP Price Prediction As Judge Torres Rejects SEC’s Appeal Bid in Ripple Lawsuit

October 4, 2023
24/7 Cryptocurrency News

Kraken Data Shows Huge Bitcoin Influx; BTC Price To Breach $30K Soon?

October 4, 2023
24/7 Cryptocurrency News

FTX’s $500 Million Bet on Anthropic Pays Off Amid Google’s Interest

October 4, 2023
24/7 Cryptocurrency News

Ripple Secures An MPI License In Singapore, Here’s Why It Matters

October 4, 2023
24/7 Cryptocurrency News

OpenSea Studio Goes Live for Creators to Easily Launch and Manage NFT Projects

October 4, 2023
Next Post
SHIB-Themed Burger- Shiba Inu’s First Step Into IRL Projects

SHIB-Themed Burger- Shiba Inu’s First Step Into IRL Projects

POPULAR NEWS

Bitcoin Price Prediction: On-Chain Data And Analysts Predict More Upside For BTC

Bitcoin Price Prediction: On-Chain Data And Analysts Predict More Upside For BTC

December 7, 2022
Crypto Prices Today: Huobi Token, Ethereum, Dogecoin Is Up; Solana Takes A Dip

Crypto Prices Today: Huobi Token, Ethereum, Dogecoin Is Up; Solana Takes A Dip

December 7, 2022
Donald Trump’s NFT Trading Cards Pump 350% In Value Upon Launch

Donald Trump’s NFT Trading Cards Pump 350% In Value Upon Launch

December 17, 2022
Bitcoin Price Today: BTC Rises By Nearly 2% While BlockFi Files For Bankruptcy

Bitcoin Price Today: BTC Rises By Nearly 2% While BlockFi Files For Bankruptcy

December 7, 2022
Breaking: “Guilty” FTX Executive Will Now Cooperate Against SBF In Probe

Breaking: “Guilty” FTX Executive Will Now Cooperate Against SBF In Probe

February 28, 2023

EDITOR'S PICK

XRP Lawyer Warns Of More Anti-Bitcoin Talk Amid Xi Putin Meet

XRP Lawyer Warns Of More Anti-Bitcoin Talk Amid Xi Putin Meet

March 22, 2023

Massive 5292 Bitcoin (BTC) Linked To Terra Founder Do Kwon And LFG On The Move

July 5, 2023
Voyager-Binance Deal: Customers To Recover 51% Of Pre-Bankruptcy Crypto Assets

Voyager-Binance Deal: Customers To Recover 51% Of Pre-Bankruptcy Crypto Assets

January 11, 2023
Solana Downfall Ahead? DeGods, y00ts Daily Vol Spikes Over Bridging Update

Solana Downfall Ahead? DeGods, y00ts Daily Vol Spikes Over Bridging Update

December 27, 2022
Bitcoin - Altcoin News

© 2022 coingger.com

Navigate Site

  • Europe
  • Exchange
  • Elon Musk
  • ETH Price
  • crypto Tax U.S.
  • CZ
  • Crypto Miners
  • BTC Price
  • ChatGPT
  • China crypto
  • Coingecko
  • Binance Smart Chain
  • Bitcoin $100K
  • Airdrop

Follow Us

No Result
View All Result
  • Homepages
    • Home Page 1

© 2022 coingger.com

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In