YOUR BUSINESS AUTHORITY
Springfield, MO
YOUR BUSINESS AUTHORITY
Springfield, MO
Cryptocurrency exchange Coinbase Global Inc. reached a $100 million settlement with the New York State Department of Financial Services.
Half of that goes toward penalties over allegations that the company violated money laundering laws by allowing customers to open accounts without sufficient background checks.
Coinbase also will spend $50 million to shore up its compliance program over the next two years.
Read more from The Wall Street Journal.
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