[Coinbase Reaches Settlement with Central Bank of Ireland, Will Pay €21.5 Million Fine] BlockBeats News, November 6: According to official reports, 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. The CBI used Coinbase's average annual revenue of €417 million from 2021 to 2024 as the basis for calculating the fine. Ultimately, Coinbase will pay a fine of €21.5 million as part of this settlement.