CBPL, a subsidiary of Coinbase, was fined £3.5 million by the UK's Financial Conduct Authority for providing services to high-risk customers
ChainCatcher news, Coinbase's CB Payments Ltd. (CBPL) has been fined £3.5 million ($4.5 million) by the UK's Financial Conduct Authority (FCA) for providing services to high-risk customers. It is reported that CB Payments Ltd. (CBPL) is an electronic money institution and payment processor associated with the cryptocurrency exchange Coinbase (COIN).
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