The Netherlands is a country in western Europe with a population of around 17 million. The Netherlands has a developed economy built on agriculture, natural gas, machinery, chemicals and metallurgy. In 2017, the World Intellectual Property Organization ranked the Netherlands as the third most innovative country in the world. The Netherlands has the 17th largest economy and is one of financial centers of the world. The Dutch government sees banning cryptocurrencies as an impractical move and wants to regulate the financial institutes that are working with it. The Netherlands has no Bitcoin tax and has no plans of making it illegal, but the Netherland Bitcoin exchanges will be subject to future regulatory frameworks. All firms working with cryptocurrencies would be covered by anti-money laundering procedures and be obliged to gather a lot of information about their customers.
The Port of Rotterdam, along with global shipping giants, launches blockchain pilot to improve container handling’s safety and efficiency.
Shipping Giants Piloting Blockchain to Improve Efficiency
Hackers profited over $7 million by selling the data via dark web.
Hacker Group Amassed $7M in Crypto by Selling Stolen Credit Cards
Equigy, a blockchain platform for managing batteries connected to the electric grid, is expanding its operations in the European Union.
Blockchain Battery Grids Are Powering Up at Lightning Speed
Major crypto exchange Coinbase is rolling out Tezos staking rewards for users in the United Kingdom and three European countries.
Coinbase Now Supports Tezos Staking Rewards for UK and Some EU Users
A young startup says its open-source protocol allows value to easily be transported between distributed ledgers — an alternative to exchanges.
Startup Says Its Open-Source Protocol Can Make Exchanges Obsolete
Today is the deadline for Dutch crypto companies to register with the Dutch Bank per new AML rules.
Time Is up for Crypto Firms to Register in the Netherlands Under New AML Rules
XRP TipBot has avoided closure due to the Netherlands' strict implementation of AMLD5 via a partnership with Uphold.
XRP TipBot Rescued From Dutch Regulations Through Partnership With Uphold