News/Coinbase Germany Has 'Organizational Deficiencies', Says Germany Financial Regulator

Coinbase Germany Has 'Organizational Deficiencies', Says Germany Financial Regulator

Nov 08,2022,21:23

Germany's Federal Financial Supervisory Authority (BaFin) released a statement today, saying that Coinbase Germany has "organizational deficiencies" uncovered during an audit of the firm's financial statements.

BaFin ordered Coinbase Germany to ensure it has effective risk management and internal controls in place.

The statement wrote, "An audit of the annual financial statements revealed organizational deficiencies at the institute. The regularity of the business organization was not given in all audited areas."

Source
Disclaimer: This platform includes third party opinions. We do not endorse their accuracy. Digital asset prices can be volatile. Do your own insights. See full terms here
LastCrypto Wallet Security Firm Fordefi Raises $18M in Seed Round with Alameda Research InvolvedCrypto Wallet Security Firm Fordefi Raises $18M in Seed Round with Alameda Research InvolvedCrypto Wallet Security Firm Fordefi Raises $18M in Seed Round with Alameda Research InvolvedCrypto Wallet Security Firm Fordefi Raises $18M in Seed Round with Alameda Research InvolvedCrypto Wallet Security Firm Fordefi Raises $18M in Seed Round with Alameda Research InvolvedCrypto Wallet Security Firm Fordefi Raises $18M in Seed Round with Alameda Research InvolvedCrypto Wallet Security Firm Fordefi Raises $18M in Seed Round with Alameda Research InvolvedCrypto Wallet Security Firm Fordefi Raises $18M in Seed Round with Alameda Research InvolvedCrypto Wallet Security Firm Fordefi Raises $18M in Seed Round with Alameda Research InvolvedCrypto Wallet Security Firm Fordefi Raises $18M in Seed Round with Alameda Research Involved
NextDigital Assets Exchange Archax Raises $28.5M in Series A Led by AbrdnDigital Assets Exchange Archax Raises $28.5M in Series A Led by AbrdnDigital Assets Exchange Archax Raises $28.5M in Series A Led by AbrdnDigital Assets Exchange Archax Raises $28.5M in Series A Led by AbrdnDigital Assets Exchange Archax Raises $28.5M in Series A Led by AbrdnDigital Assets Exchange Archax Raises $28.5M in Series A Led by AbrdnDigital Assets Exchange Archax Raises $28.5M in Series A Led by AbrdnDigital Assets Exchange Archax Raises $28.5M in Series A Led by AbrdnDigital Assets Exchange Archax Raises $28.5M in Series A Led by AbrdnDigital Assets Exchange Archax Raises $28.5M in Series A Led by Abrdn
Share
NewsMore
    Loading...