Dutch Central Bank Will Supervise Bitcoin Service Providers in 2020

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Regulatory changes in the cryptocurrency world are always contentious. Many people see the benefits, whereas others oppose any changes. In the Netherlands, a lot of major changes are coming to cryptocurrency service providers. All of these changes seem to be directed at fostering the Bitcoin industry moving forward.  The new requirements will go in effect in January of 2020. Dutch Central Bank Oversight The big change coming next year is how the Dutch central bank will supervise cryptocurrency service providers. More specifically, all brokers, exchanges, wallet providers, and others will need to officially notify the central bank regarding their intentions.

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