Ireland regulator fines Coinbase for safeguarding rule breaches

Community Trust Score Verified 80 % Real Verified 10 votes Updated 7 minutes ago The Central Bank of Ireland announced on October 22 that it had fined Coinbase Ireland Limited €3,252,618 for breaches of safeguarding and outsourcing obligations. The violations occurred between November 2020 and August 2025, according to the regulator. The final penalty of €3,252,618 reflects a 30-percent settlement discount applied to an assessed penalty of €4,646,597. Coinbase Ireland admitted the prescribed contraventions and agreed to the underlying facts in the settlement.