Netherlands: Investigation into Coinbase Europe regarding crypto service registration
Progress
Current status
in force
18 Jan 2023 in force
Scope
Implementers
Netherlands
Policy Area
Authorisation, registration and licensing
Policy Instrument
Business registration requirement
Regulated Economic Activity
digital payment provider (incl. cryptocurrencies)
Government Branch
executive
Government Body
central bank
Implementation Level
national
Timeline of events
Issued fine against Coinbase Europe regarding crypto service provider registration
On 18 January 2023, the Dutch Central Bank (DNB) issued a EUR 3’325’000 fine on cryptocurrency firm Coinbase Europe because it failed to meet a requirement for crypto services in the Netherlands to register with the DNB under the Dutch Anti-Money La…
Event type
investigation
Action type
ruling
Government branch
executive
Government body
central bank