Coinbase UK fined $4.5 million for ‘high-risk’ customer onboarding
The $4.5 million fine could signal the start of more scrutiny for crypto exchanges in the region.
Related Posts


Coinbase to expand use of Vaults for secure crypto custody — Executive
Coinbase currently holds approximately $270 million in customer assets.

Crypto VC market flashes green amid macroeconomic recession alarms
Crypto venture capital investments were on the rise for the second month in a row in May despite the generally declining economic backdrop. Funding amounts surged 34% from April, and the number of individual deals jumped 62%, according to data from Cointelegraph Research’s Venture Capital Database.Though inflation in the United States cooled from 4.9% in…

How blockchain games fared in Q3, Unioverse & Immutable, Upland token on ETH: Web 3 Gamer
$2.3B tipped into Web3 games so far this year, ex-GTA devs' studio teams up with Immutable, Brawlers to launch on Epic Games Store, and more. by Erhan Kahraman 7 min October 25, 2023 Share Share Share Share GTA and CoD veterans’ new studio collabs with Immutable Web3 gaming ecosystem Immutable is helping Random Games join

India makes suggestions for G20 crypto roadmap
The country emphasizes the necessity of dealing with the risks of digital assets in developing economies. India, which currently holds the Group of Twenty (G20) presidency, has supported the Financial Stability Board’s (FSB) recommendations for a global crypto framework published in July. The country also emphasized the necessity of dealing with the risks of digital…

Bitcoin drops 3% as US sellers spark sub-$65K BTC price targets
Bitcoin offers buyers a “flash sale” with a dip below $67,000, but traders warn that the BTC price retracement may not be done yet.

Robinhood saga reveals deeper flaw about Web 2.0: Oasis Labs executive
Robinhood’s ability to limit tradable assets on a whim reflects the limitations of Web 2.0 interfaces, according to the COO of a privacy-focused blockchain network. 329 Total views 6 Total shares Robinhood’s decision to halt the trading of several stocks, including GameStop and AMC, underscores a “huge flaw” in the way the internet exists today,…

Bitcoin for pizza, not the other way around, says Papa John’s offer to UK customers
Users of cryptocurrency exchange Luno can claim $14 in BTC rewards before Sunday. 7489 Total views 9 Total shares Famous pizza chain Papa John’s has begun giving away cryptocurrency rewards for customers in the United Kingdom.According to the online offers of Papa John’s in theU.K., pizza lovers can receive 10 euro ($12) worth of Bitcoin (BTC)…

The Whales Who Accumulated Bitcoin in 2018 are Hodling
More than 15% of the existing Bitcoin (BTC) supply has not moved in 12 to 18 months. This confirms that the second half of 2018 was an accumulation season, as much of the BTC acquired during that period has not moved since. According to Unchained Capital’s ‘Hodlwaves’, which determines the velocity of Bitcoins circulated by monitoring…