ARTICLE · 26 NOVEMBER 2025

FIG Top 5 At 5 – 13/11/2025

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On 6 November 2025, the Central Bank of Ireland ("Central Bank") published a settlement notice ("Settlement Notice") announcing that it has fined Coinbase Europe Limited...

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This week's edition of the FIG Top 5 at 5

1. Central Bank takes enforcement action against Coinbase Europe for AML breaches

On 6 November 2025, the Central Bank of Ireland ("Central Bank") published a settlement notice ("Settlement Notice") announcing that it has fined Coinbase Europe Limited ("Coinbase Europe") €21,464,734 for anti-money laundering and counter terrorist financing ("AML / CFT") breaches between 2021 and 2025 under the Criminal Justice (Money Laundering and Terrorist Financing) Act 2010 ("CJA 2010").

This is the first enforcement outcome in the crypto-assets sector and the fourth settlement under the Administrative Sanctions Procedure ("ASP") following the changes introduced by the enactment of the Central Bank (Individual Accountability Framework) Act, 2023.

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