Express

Dutch Central Bank Gives Cryptocurrency Firms Ultimatum to Register

Ramsey Baker

Summary: De Nederlandsche Bank (DNB), the Netherlands’ central bank, has given an ultimatum to all fiat-supporting cryptocurrency service providers to register with the institution by May 18. According news release published on May 4, the DNB told companies that following the Dutch Senate’s vote to pass the Implementation Act amending the European Union’s fourth Anti-Money Laundering ...

De Nederlandsche Bank (DNB), the Netherlands’ central bank, has given an ultimatum to all fiat-supporting cryptocurrency service providers to register with the institution by May 18.

According news release published on May 4, the DNB told companies that following the Dutch Senate’s vote to pass the Implementation Act amending the European Union’s fourth Anti-Money Laundering Directive on April 21, the Act’s statutory requirements will shortly start being enforced.

By Ramsey Baker

  • BTC Weekly Outlook: The Oversold Bounce—A Bottom or a Shorting Opportunity? 1 day ago
  • The Making of a Political Darling: Is Chainlink’s Government Deal a Victory for Tech or... 5 days ago
  • Google Steps Into Blockchain: A New Front in the “Ledger Wars” 7 days ago
  • Bitcoin Weekly Analysis: Is a Bear Market on the Horizon? 9 days ago
  • AI Fraud Is Breaking the Internet’s Trust Economy. Can Compliance Tech Keep Up? 12 days ago
  • You need to login to comment.