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Cryptoasset trading platform slapped with £3.5m fine by FCA
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Accessible to customers globally, CBPL is part of the Coinbase Group, an online platform for buying, selling, transferring and storing cryptocurrencies. While the company does not carry out cryptoasset transactions for customers, CBPL does act as a gateway to facilitate customers trading cryptoasets via other entities within the Coinbase Group. UK crypto regulation is 'catching up' to other markets while maintaining 'bottom-up' benefits The UK's financial watchdog has alleged that CBPL onboarded and/or provided e-money services to 13,416 customers deemed to be high risk. CBPL ...
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Read more on investmentweek.co.ukAbout this in other media
FCA Coinbase ‘One-Off’ Fine is Not a Crypto Industry Crackdown cryptonews.com /4 months ago
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FCA launches review to simplify financial services rulebook after Consumer Duty investmentweek.co.uk /4 months ago
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