FinCEN Recognizes Coinbase with Award for Criminal Prevention Initiatives

Quick Summary:

Cryptocurrency exchange Coinbase has received an award from the Financial Crimes Enforcement Network (FinCEN) for its contribution to criminal investigations.

Furthermore, he added that the exchange compliance team does not engage in lawlessness despite criticisms by people who prefer scapegoating to solutions.

In an X post, Grewal restated Coinbase’s commitment to remove bad actors from the crypto space, hailing the efforts of the team.

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Article Details

Author / Journalist: David Pokima

Category: Crypto

Markets: IndiaUnited States

Topics: Regulation Fincen Blockchain News Coinbase 24/7 Cryptocurrency News

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-04-12 @ 05:23:46 (2 weeks ago)

News Timezone: GMT +8:00

News Source URL: coingape.com

Language: English

Article Length: 371 words

Reading Time: 3 minutes read

Sentences: 20 lines

Sentence Length: 19 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © CoinGape

News ID: 20667105

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About CoinGape

Main Topics: Crypto

Official Website: coingape.com

Update Frequency: 70 posts per day

Year Established: 2017

Headquarters: India

News Last Updated: 59 minutes ago

Coverage Areas: India

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

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Website Security: Secure (HTTPS)

Publisher ID: #59

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