By CryptoNews - 1 year ago - Reading Time: 1 minutes
Coinbase Fined $3.6M by Dutch Central Bank – Here's Why
United States-based cryptocurrency exchange Coinbase has been fined €3.3 million ($3.6 million) by the Dutch central bank (DNB) for failing to obtain the required registration before operating in the jurisdiction.In a Thursday press release, the DNB detailed that digital asset service providers wishing to operate in the Netherlands are required to register with the central bank under the Dutch Anti-Money Laundering and Anti-Terrorist Financing Act (Wwft). ...
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Original source: CryptoNews