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Coinbase will pay $100m over KYC, AML to NY regulators

According to the New York Times, Coinbase will have to pay $50 million to New York regulators for letting users open accounts with minimal background confirmation. The organization will also spend $50 million on improving compliance. Coinbase to pay regulators after KYC queries Regulatory agencies discovered that Coinbase, a publicly traded crypto exchange in the […]
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