Opinion: Coinbase being fined by the UK trading department does not mean further regulatory crackdowns

ChainCatcher news, according to Cointelegraph, after Coinbase was fined by the UK trading department, the market began to worry that relevant authorities might take regulatory action.

Charlotte Tregunna, a partner at the commercial crime law firm Peters & Peters, stated that the FCA's lawsuit against Coinbase's UK subsidiary CB Payments Limited (CBPL) is merely a "one-off" enforcement action and does not indicate a tougher stance on the crypto sector.