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Coinbase fined m in New York after +100,000 unreviewed transaction monitoring alerts

Coinbase fined $50m in New York after +100,000 unreviewed transaction monitoring alerts

“It’s important that every one monetary establishments safeguard their programs from dangerous actors, and the Division’s expectations with respect to client safety, cybersecurity, and anti-money laundering applications are simply as stringent for cryptocurrency corporations as they’re for conventional monetary providers establishments” Coinbase, Inc. has agreed to pay a $50 million [...]