Russian Court Fines Coinbase for Data Regulations Violation

Coinbase Fined Amidst Crackdown on Global Firms' Non-Compliance

A Russian court fines Coinbase over $11,000 for allegedly failing to localise data on Russian users, violating data regulations. 

The step aligns with Russia's requirement for foreign firms to localise databases. Notably, other global giants like Spotify, Apple, and Zoom have faced fines for non-compliance with the data localization law since May.