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Dutch Central Bank: Crypto Firms to Be Regulated as of January 2020

The Dutch central bank has today revealed it will begin regulating firms that offer cryptocurrency-related services as of January 10, 2020, the CoinTelegraph writes. Reuters reported on Sept. 3 that De Nederlandsche Bank clarified that relevant firms in the sector must register with the institution if they wish to continue to operate. The bank’s official statement reportedly […]

Dutch Financial Authorities Plan Licensing Scheme for Crypto Exchanges

As the CoinDesk announced, the financial authorities in the Netherlands are planning a licensing scheme for crypto exchanges and wallet service providers to prevent money laundering and terrorism financing. De Nederlandsche Bank (DNB), the nation’s central bank, and the Netherlands Authority for the Financial Markets (AFM) published a report earlier this week, suggesting that fiat-to-crypto exchanges and […]