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.
Deribit, a crypto futures and options exchange moving from the Netherlands to Panama to avoid new E.U. regulations, has clarified its new AML policy.
Deribit Releases Specifics of New KYC Policy Following Move to Panama
Bitcoin scam ads featuring Martin Lewis appear on Instagram less than a year after Lewis settled a defamation suit with Facebook.
More Bitcoin Scam Ads With Martin Lewis on Instagram — Can We Get a Filter for That?
Crypto traders explain they are not surprised by Deribit’s move to Panama, explaining more companies may follow.
Traders Unsurprised by Deribit’s Move to Panama, Expect Further Exits
Crypto exchange Deribit leaves the Netherlands for Panama to avoid demanding EU regulations that the Dutch nation might adopt.
Crypto Derivatives Exchange Leaves EU for Panama, Expands KYC
Global blockchain-based marketplace Proof of Impact closed its first funding round led by American asset management giant Franklin Templeton.
Franklin Templeton Closes Funding Round For Blockchain-Based Social Impact Platform
Amsterdam-based bank and financial services firm ING is reportedly developing cryptocurrency custody technology.
Reuters: Dutch Bank ING Working on Digital Asset Custody Technology
The Royal Dutch Football Association trialed a new blockchain-based ticketing app during yesterday’s Netherlands-Estonia European Championship qualifying match.
Dutch Soccer Assn. Trials Blockchain App at EU Championship Qualifying Match