Coinbase World
agreed to a $100 million settlement with the New York Department of Fiscal Services around failures in the cryptocurrency broker’s compliance program.
Shares in Coinbase (ticker: COIN) received about 11% soon after the open up as traders reacted to the news, which eliminates some regulatory uncertainty overhanging one particular of the handful of publicly-outlined corporations in the turbulent crypto industry.
Coinbase World
agreed to a $100 million settlement with the New York Department of Fiscal Services around failures in the cryptocurrency broker’s compliance program.
Shares in Coinbase (ticker: COIN) received about 11% soon after the open up as traders reacted to the news, which eliminates some regulatory uncertainty overhanging one particular of the handful of publicly-outlined corporations in the turbulent crypto industry.
