New York financial regulators have found that the popular cryptocurrency exchange Coinbase violated anti-money laundering laws by failing to conduct adequate background checks. Coinbase will pay a $50 million fine to the New York State Department of Financial Services, and is also required to spend $50 million on improving its compliance program. State regulators first […]
Coinbase reaches $100M settlement over background check failures by Amanda Silberling originally published on TechCrunch...