{"id":34878,"date":"2024-07-26T01:09:32","date_gmt":"2024-07-26T01:09:32","guid":{"rendered":"https:\/\/crowdfundjunction.com\/blog\/uk-regulator-fines-coinbases-cb-payments-4-5-million-for-serving-high-risk-customers\/"},"modified":"2024-07-26T01:09:32","modified_gmt":"2024-07-26T01:09:32","slug":"uk-regulator-fines-coinbases-cb-payments-4-5-million-for-serving-high-risk-customers","status":"publish","type":"post","link":"https:\/\/crowdfundjunction.com\/blog\/uk-regulator-fines-coinbases-cb-payments-4-5-million-for-serving-high-risk-customers\/","title":{"rendered":"UK Regulator Fines Coinbase\u2019s CB Payments $4.5 Million for Serving High-Risk Customers"},"content":{"rendered":"<p><b>(Originally posted on : Bitcoin News )<\/b><br \/>\n<br \/>The UK Financial Conduct Authority (FCA) has fined Coinbase&#8217;s payments arm, CB Payments Limited, \u00a33,503,546 for breaching compliance rules by serving high-risk customers despite restrictions. The regulator explained that this marks the FCA&#8217;s first enforcement action against a firm facilitating cryptoasset trading. The violations involved significant transactions undetected for almost two years. FCA Fines Coinbase&#8217;s [&#8230;]<br \/>\n<br \/><a href=\"https:\/\/news.bitcoin.com\/uk-regulator-fines-coinbases-cb-payments-4-5-million-for-serving-high-risk-customers\/\">Source link <\/a><br \/>\n<br \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>(Originally posted on : Bitcoin News ) The UK Financial Conduct Authority (FCA) has fined Coinbase&#8217;s payments arm, CB Payments Limited, \u00a33,503,546 for breaching compliance rules by serving high-risk customers despite restrictions. The regulator explained that this marks the FCA&#8217;s first enforcement action against a firm facilitating cryptoasset trading. The violations involved significant transactions undetected [&hellip;]<\/p>\n","protected":false},"author":11,"featured_media":34879,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0},"categories":[32],"tags":[],"_links":{"self":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/34878"}],"collection":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/users\/11"}],"replies":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/comments?post=34878"}],"version-history":[{"count":0,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/34878\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media\/34879"}],"wp:attachment":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media?parent=34878"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/categories?post=34878"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/tags?post=34878"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}