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.
To comply with Dutch regulations, Netherlands-based Bitstamp users can no longer make withdrawals without first providing photographic proof they own the recipi...
Bitstamp imposes KYC for Dutch traders withdrawing to external wallets
Unique in Europe, the Dutch central bank now requires Bitcoin exchanges to prove that their users actually control their withdrawal addresses.
Dutch Bitcoin firm reluctantly tightens rules at central bank’s behest
In the U.S., all eyes are on Joe Biden's planned appointees, while Europe is seeing progress under a new AML regime.
Law Decoded: Of AML and appointees, Nov. 6–13
Everyday investors in the Netherlands can now invest in crypto, thanks to company's new registration.
Netherlands registers first consumer-facing crypto platform since AMLD5
The Netherlands has imposed tight regulations related to EU anti-money laundering laws.
Dutch central bank approves first crypto service under AMLD5 regulations
The Port of Rotterdam's Innovation Dock has been testing a high-frequency decentralized energy market for renewables since August.
Port of Rotterdam testing blockchain and AI for renewables trading
A Dutch court ruled against Apollo for cloning over 75% of its code from blockchain developer Jelurida’s code but failing to adhere to the terms of its license.
Court finds blockchain firm guilty of license violation — but CEO vows to fight back