Trump's approval rating on economy hits all-time low as midterm looms: CNBC survey

SummaryIreland’s central bank fined Coinbase Ireland 3.25 million euros ($3.6 million) for alleged failures in safeguarding customer funds and overseeing outsourced services. The regulator said Coinbase Ireland relied excessively on its U. S.-based parent and lacked adequate systems and controls, while Coinbase disclosed that coding errors left a safeguarding account underfunded by an average of 0.54% in 2023 and the first half of 2024. Coinbase said no customers lost money or were unable to access their funds. The penalty follows a 21.4 million-euro Irish fine imposed on Coinbase Europe in 2025 for anti-money laundering failures. Coinbase Ireland was hit with a 3.25 million-euro ($3.6 million) fine from the country’s central bank over alleged breaches of its safeguarding and outsourcing obligations. The Irish division of cryptocurrency exchange Coinbase Global COIN$170.10 failed to establish an adequate outsourcing governance framework, the Central Bank of Ireland (CBI) said on Thursday. Safeguarding and outsourcing requirements underpin the protection of customer funds.

Open this photo in gallery:Attendees walk past a Meta logo during the Meta Connect conference in Menlo Park, Calif., last month. The company recently revised its terms of service. Jeff Chiu/The Associated PressCanadian news companies say they’re worried about changes to Meta’s META-Q terms of service and want the company to clarify how they will be affected. Meta’s changes to its terms of service, first reported by Nieman Lab, led some to suggest the terms could allow scraping of websites associated with a business account for AI training purposes. Meta has now revised those terms but the anxiety has not abated. European and British publishers are asking governments and regulators to step in. Publishers’ association News Media Canada said in a statement that “like publisher associations everywhere, we’re very concerned and are seeking clarity.”The fact Meta blocked news content in Canada following the passage of the Online News Act in 2023 is creating additional uncertainty over how Canadian outlets could be affected by the new terms.

Investors are spooked by Tesla’s cut to its near-term spending target and Lam Research’s weaker-than-expected forecast,