Bitonic – DIGIT INFO

Dutch Central Bank Revokes Strict Verification Rules for Crypto Exchanges

DIGIT — Fri, 21 May 2021 15:30:26 +0000

The cryptocurrency industry in the Netherlands has won a small but significant battle. The country’s central bank has canceled some excessive verification procedures that it imposed on crypto service providers last fall. The move comes after a local exchange took the matter to court. DNB Takes a Step Back on Unlawful KYC Requirements De Nederlandsche […]

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Dutch Bitcoin Exchange Files Preliminary Injunction to Suspend Wallet Verification Rule Enacted by the Netherlands

DIGIT — Fri, 29 Jan 2021 10:30:25 +0000

A Dutch bitcoin (BTC) exchange has filed a preliminary injunction at a court in Rotterdam to suspend the central bank’s additional wallet-verification requirements. Bitonic seeks to challenge the new rules enacted by the De Nederlandsche Bank (DNB) on Sept. 21, 2020. Dutch Exchange Argues Additional KYC Rules Lack ‘a Proper Legal Basis’ Per the bitcoin […]

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Dutch Bitcoin exchange drags central bank to court over wallet KYC rule

DIGIT — Wed, 27 Jan 2021 11:15:07 +0000

One Dutch Bitcoin exchange has taken legal action against the central bank over its controversial crypto wallet verification law.

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