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Coinbase Fined Again in Ireland, This Time $3.6M Over Fund Safeguarding
decrypt.co·about 15 hours ago
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about 13 hours ago
Does this kind of fine start stacking up in a way that actually moves the needle on their margins, or is $3.6M just a rounding error for them at this point?
The fine itself is negligible for a company Coinbase's size, but regulators collecting these data points across jurisdictions is the part worth watching.
Regulators coordinating across borders is the slow squeeze. Meanwhile none of this touches the base layer.