Netherlands Plans to Punish Crypto Scammers With Up to 6 Years in Jail
The Dutch government is about to get tougher with fraudulent schemes involving banking apps and cryptocurrencies.
The announced closure of one-man bitcoin startup Bittr may be the first of many in the Netherlands as contentious new AMLD5 regulations come into effect.
Amsterdam-based brokerage BUX has started offering crypto services following the acquisition of defunct exchange Blockport.
Dutch crypto companies must register with the Netherlands’ central bank by May 18 or cease operations immediately as the country enforces new anti-money laundering regulations required by the European Union.
Dusk Network has partnered with Firm24, one of the Benelux region's largest shareholder registries, for the tokenization initiative.
Deribit will operate out of Panama starting Feb. 10, citing the Netherlands’ presumed adoption of “very strict” anti-money laundering (AML) regulations.