Coinbase settles $24.7M fine in Ireland over transaction monitoring failures

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Coinbase has settled a $24.7M fine in Ireland due to transaction monitoring failures caused by coding errors between 2021 and 2022, and has since enhanced oversight and compliance testing.

Market Impact

Market impact analysis based on neutral sentiment with 80% confidence.

Sentiment
Neutral
AI Confidence
80%

Article Context

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Coinbase said it has enhanced oversight and compliance testing after coding errors led to gaps in transaction monitoring between 2021 and 2022.

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Original article published by Unknown on November 6, 2025.
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