The Dutch gambling regulator (KSA) has moved to collect €420,000 (~$487,000) from the company behind Polymarket, the latest sign that Europe is treating prediction markets as unlicensed gambling even as the US embraces them as financial products. How a single day cost Polymarket $487,000 The Kansspelautoriteit (KSA) published its collection decision on 16 June against […]
]]>The Dutch gambling regulator (KSA) has moved to collect €420,000 (~$487,000) from the company behind Polymarket, the latest sign that Europe is treating prediction markets as unlicensed gambling even as the US embraces them as financial products. How a single day cost Polymarket $487,000 The Kansspelautoriteit (KSA) published its collection decision on 16 June against […]
]]>
The Dutch cabinet wants to ban all online gambling advertising and bonuses, cap deposits behind affordability checks, and widen its powers against illegal operators. This would be the strictest tightening since the market opened in 2021. However, offshore and unlicensed sites, where crypto payments have been flagged as an aggravating factor, already take the majority […]
]]>
Dutch gambling regulator Kansspelautoriteit (KSA) warned licensees on Tuesday that bets on first yellow cards and first corner kicks are not permitted during the upcoming FIFA World Cup, threatening “immediate enforcement action” against operators breaching ad and sponsorship rules. Chairman Michel Groothuizen’s letter lands four months after the D66/VVD/CDA coalition agreement grouped online gambling with […]
]]>
The Netherlands’ state-owned lottery operator, Nederlandse Loterij, has launched civil proceedings against the country’s largest unlicensed online gambling platform. It also directly targets the offshore shell companies and individual directors behind it in a case that could set a European precedent for how licensed operators combat black market rivals. Key Takeaways: Nederlandse Loterij sued Qbet’s […]
]]>
Dutch lawmakers have approved legislation introducing a 36% tax on actual investment returns starting in 2028. The law applies to both realized and unrealized gains, including cryptocurrencies such as bitcoin and ethereum, meaning paper gains will be taxed even if assets are not sold. Taxing the ‘Paper Gains’ The Dutch House of Representatives has passed […]
]]>
Blockrise secures a Markets in Crypto-Assets Regulation license, positioning itself as a regulated bitcoin-only platform across the European Union. Rotterdam-based Blockrise, a Dutch bitcoin startup, has been granted a license by the Dutch Authority for the Financial Markets (AFM) under the new European Markets in Crypto-Assets Regulation (MiCAR). The license enables Blockrise to provide Bitcoin […]
]]>
Zerohash Europe obtains AFM MiCAR authorization to provide regulated crypto and stablecoin infrastructure across the EEA. Zerohash Europe announces in Amsterdam that it has received authorization under the EU’s Markets in Crypto‑Assets Regulation (MiCAR) from the Dutch Authority for the Financial Markets (AFM), enabling the company to offer regulated crypto‑asset and stablecoin infrastructure services, including […]
]]>
Bitvavo, a digital asset trading platform in Europe, has secured a license from the Dutch Authority for the Financial Markets (AFM) under the new European Markets in Crypto-Assets Regulation (MiCAR). This license allows Bitvavo to operate across all EU member states, as well as Norway, Iceland, and Liechtenstein, under a unified regulatory framework designed to […]
]]>
To build its blockchain-based trading platform, 21X has been working with several partners, including Polygon and SBI Digital Markets.
]]>