Crypto.com receives regulatory approval from De Nederlandsche Bank to advertise and offer its services in the Netherlands.
Highlights
- The Dutch central bank has approved the service for the first time.
- The country’s Anti-Money Laundering and Counter-Financing requirements are required to allow it to operate in the country.
- The DNB could not comment on specific details of the service, but the service can be offered in the Netherlands if it is not legally allowed to be offered to the public, according to a spokesperson for the DNB.
- Bitcoin.com has also been approved by the Dutch government for its service in compliance with anti-money laundering and counter-financial regulation requirements, as well as anti-terror laws.
- The site has been criticized for not being able to use the country’s own currency in exchange for Bitcoin.
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