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cryptonews
2023-01-26 12:22:00

Coinbase Fined $3.6M by Dutch Central Bank – Here's Why

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). ... Read More: Coinbase Fined $3.6M by Dutch Central Bank – Here's Why

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