[Coinbase Reaches Settlement with the Central Bank of Ireland Over Past Transaction Monitoring Errors, Required to Pay €21.5 Million Fine] According to the official blog, Coinbase Europe Limited has reached a settlement with the Central Bank of Ireland (CBI) regarding coding errors that affected transaction monitoring in 2021 and 2022. The settlement stems from certain technical coding errors that occurred during Coinbase's monitoring of cryptocurrency transactions in 2021 and 2022. CBI calculated the fine based on Coinbase's average annual revenue of €417 million from 2021 to 2024, resulting in a €21.5 million fine as part of the settlement.