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Coinbase stock jumps after $100m settlement over compliance failures
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fnlondon.comCoinbase Global agreed to a $100m settlement with the New York Department of Financial Services over failures in the cryptocurrency broker’s compliance program.
Shares in Coinbase gained about 11% after the open as investors reacted to the news, which removes some regulatory uncertainty overhanging one of the few publicly-listed firms in the turbulent crypto industry.
Coinbase...
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