Coinbase Just Got Fined €21 Million – Should Users Worry?

The Central Bank of Ireland (CBI) has fined Coinbase Europe Limited €21. 46 million for major anti-money-laundering (AML) and counter-terrorist-financing (CTF) monitoring failures.   The fine marks the first enforcement action against a crypto company in Ireland and highlights growing regulatory scrutiny on digital asset exchanges. Coinbase Accused of Anti-Money Laundering Failures The CBI found that Coinbase failed to properly monitor over 30 million transactions worth €176 billion between April 2021 and March 2025 source: https://beincrypto.com/coinbase-fine-ireland-anti-money-laundering-failure/