Dutch Financial Regulator Vows Strict Treatment of Crypto Business Under MiCA

Dutch Financial Regulator Vows Strict Treatment of Crypto Business Under MiCAThe financial regulatory body of the Netherlands intends to maintain tough attitude towards the Dutch digital assets sector despite looser European rules. The head of the agency overseeing the industry doesn’t think crypto is good news and highlights its flaws in an article. Head of Dutch Financial Authority Says Cryptos Are Difficult to Fathom, Vulnerable […]

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Netherlands-Based Coinbase Customers Required to Submit KYC Data When Transferring Crypto off the Platform

Netherlands-Based Coinbase Customers Required to Submit KYC Data When Transferring Crypto off the PlatformCoinbase has announced that the company plans to introduce a number of changes for customers in the Netherlands in order to comply with the 1977 Sanctions Act, a law that recently applied know-your-customer (KYC) guidelines to non-custodial wallets. If the person living in the Netherlands wants to send crypto to a third-party wallet via Coinbase, […]

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Dutch AFM on Licensing Requirements for Institutions Invested in Crypto

Dutch AFM on Licensing Requirements for Institutions Invested in CryptoThe Dutch financial regulator, The Netherlands Authority for the Financial Markets (AFM) has published a letter addressed to new and currently existing institutions invested in cryptocurrencies. The letter seeks to inform that certain cryptocurrency investment activities may require licensing from the AFM, however, expresses “serious doubts” as to “whether managers of investment institutions in cryptos […]

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