Central Bank fines crypto exchange Coinbase €3.25m

Coinbase's Ireland Arm Fined by Irish Central Bank Over Breaches

Central Bank fines Irish-based unit of crypto giant Coinbase €3.3m

Coinbase Global is the largest crypto exchange in the US and the world’s biggest custodian of Bitcoin

Central Bank fines crypto exchange Coinbase €3.25m

The Central Bank has fined cryptocurrency exchange Coinbase Ireland more than €3.25m for breaching its safeguarding and outsourcing obligations under the Electronic Money Regulations 2011 between November 2020 and August 2025.

Coinbase Ireland Fined €3.25M After Customer Fund Safeguard Lapses

Ireland’s central bank has fined Coinbase Ireland €3.25 million after finding that the company failed to properly protect customer funds over several years. Errors in its systems left a designated customer-funds account short by as much as €5.2 million in 2024. Coinbase says no customers lost money or access to their funds, and the problems […]

Central Bank of Ireland fines Coinbase €3.25 million over customer fund safeguarding failures

The fine highlights the increasing regulatory scrutiny on crypto firms, emphasizing the need for robust governance and compliance in Europe.

Coinbase Ireland Fined €3.25 Million Over Customer-Fund Failures

Ireland's central bank fined Coinbase Ireland €3.25 million after safeguarding failures left its customer-fund account underfunded for at least 18 months.