News
The Dutch cryptocurrency exchange Bitvavo is slowly expanding its reach after gaining regulatory approval in Austria and France.
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Netherlands News
A country that forms part of the European Union, the Netherlands boasts a market economy — a type of economy in which supply and demand spur activity. The Netherlands is home to approximately 17 million people, with Dutch as its main language and Amsterdam as its capital. Holland refers to a pair of specific provinces within the Netherlands.
Due to its affiliation with the EU, crypto regulations have tightened in the Netherlands, requiring crypto companies to comply with the 5th Anti-Money Laundering Directive, or 5AMLD. The regulations require entities to provide a specific amount of information on themselves in addition to their customers. These regulations have impacted businesses in the cryptocurrency space.
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The J5 generates significant leads through events, which, in the past, has helped uncover multimillion-dollar crypto Ponzi schemes, such as the BitClub Network.
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The United Nations Educational, Scientific and Cultural Organization and the Dutch government launched a new project for supervising AI to help create a framework for the wider EU area.
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Kraken is set to acquire the Netherlands-based cryptocurrency platform as part of its European expansion plans.
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The company cites the inability to meet regulators’ requirements but says it intends to return to the Dutch market.
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Conversations with key speakers at the Blockchain Expo Europe in Amsterdam suggest that cryptocurrency exchanges and companies see the continent as a key region for growth.
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The Dutch bank used Tokeny’s platform to issue and manage digital green bonds operating on Polygon’s layer-2 Ethereum protocol.
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The exchange received the green light from De Nederlandsche Bank to offer services in the country.
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A reported hundreds of thousands of users based in the Netherlands will have the opportunity to move their assets to Coinmerce for free as Binance winds down operations.
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Dutch investors now have access to a Bitcoin equities exchange-traded fund on the Euronext Amsterdam stock exchange.
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De Nederlandsche Bank cannot share details of Binance’s registration failings in the country due to the confidentiality requirements of its supervisory laws.
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Crypto exchange Binance announced its departure from the Netherlands, with users asked to withdraw their funds as soon as possible.
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The motion is part of a broader effort to restore internet privacy rights for United States citizens.
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Soleimani explained that the “critical flaw” with Tornado Cash is that users cannot prove that they’re not associated with a criminal enterprise stealing or laundering crypto funds.
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"This may increase the risk of customers becoming involved in money laundering or terrorist financing," says De Nederlandsche Bank.
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