United States-based crypto exchange Coinbase is fined 3.3 million euros ($3.6 million) by the Dutch central bank for the lack of registration.
Dutch regulators unsure of number of crypto investors in Netherlands
Stringent KYC requirements notwithstanding, the Dutch central bank still does not know how many crypto investors are in the Netherlands.
Dutch Central Bank to Crypto Firms: Register in 2 Weeks or Shut Down
Dutch crypto companies must register with the Netherlandsā central bank by May 18 or cease operations immediately as the country enforces new anti-money laundering regulations required by the European Union.
Dutch Central Bank: Blockchain ‘Promising’ But ‘Inefficient’ in Payments
Blockchain technology isn’t yet a beneficial addition to the payment system in the Netherlands, according to the country’s central bank.