Analysis: Coinbase fined by UK exchange doesn't mean further regulatory crackdown

After Coinbase was fined by the UK trading department, the market began to worry that related departments might take regulatory action. Charlotte Tregunna, a partner at the business crime law firm Peters Peters, said that the FCA's lawsuit against Coinbase's UK subsidiary, CB Payments Limited (CBPL), was just a "one-time" enforcement action and did not mean a stronger stance on the cryptocurrency field.