19 hours ago · By becoming a registered firm, Coinbase can offer both crypto and cash for investors and traders in the U.K. Landing on the FCA's crypto register is challenging, only 14% of applicants have succeeded.

Jul 25, 2024 · CB Payments Limited (CBPL) has been fined £3,503,546 by the FCA for repeatedly breaching a requirement that prevented the firm from offering services to high-risk customers. CBPL is part of the Coinbase Group, which operates a prominent cryptoasset trading platform.

Jul 24, 2024 · The UK Financial Conduct Authority (FCA) has concluded an investigation into our UK business on-boarding and providing e-money services to certain high-risk customers, in breach of restrictions agreed to by CBPL and the FCA.

17 hours ago · Coinbase won approval from the United Kingdom’s Financial Conduct Authority (FCA) as a registered virtual asset service provider (VASP). The cryptocurrency exchange said in a Feb. 3 news release ...

16 hours ago · A Coinbase spokesperson explained the significance of the FCA registration, saying, "Our new U.K. VASP registration will mean that CBPL can not only continue to provide our customers with fiat ...

17 hours ago · The UK’s Financial Conduct Authority (FCA) has greenlit CB Payments Ltd. (CBPL), Coinbase’s UK-based subsidiary, to offer crypto services directly in the country, according to an update on the regulator’s registered crypto asset firms list.. The newly granted FCA registration allows Coinbase to provide services directly to …

Jul 25, 2024 · Coinbase's CB Payments Ltd. (CBPL) was fined 3.5 million pounds ($4.5 million) by the Financial Conduct Authority (FCA) for offering services to high-risk customers. Despite the restrictions in...

Jul 25, 2024 · A firm enabling cryptoasset trading has been fined more than £3mn by the Financial Conduct Authority for "repeatedly breaching" rules. CB Payments Limited, part of the Coinbase Group, was...

Jul 25, 2024 · The Financial Conduct Authority (FCA), the U.K.’s financial watchdog, has fined Coinbase’s CB Payments Limited (CBPL) 3.5 million ($4.5 million) for inadequate anti-money laundering controls. This is the first time the FCA has taken enforcement action against a cryptocurrency trading company.

Jul 25, 2024 · Coinbase’s payments subsidiary entered into a so-called “voluntary requirement” with the FCA in October 2020 following “concerns about the effectiveness” of its financial crime control...