Today news
About the same in other media
Breaking: Coinbase fined $3.6M in the Netherlands
Reading now: 434
De Nederlandsche Bank (DNB),the Dutch central Bank, fined cryptocurrency exchange Coinbase 3.3 million euros ($3.6 million), due to non-compliance with local regulations for financial service providers, according to a Reuters report on Jan 26.
The exchange reportedly failed to obtain the necessary registration to offer services in the Netherlands prior to beginning operations in the country. The DNB said it took into consideration the size of Coinbase as a company and the fact that it has a “significant number of customers in the Netherlands.”
The authorities claimed Coinbase was non-compliant during the time period between November 2020 and August 2022.
This story is still developing and will be updated when more information is available.
Read more on cointelegraph.comAbout this in other media
Binance Tax launched to prepare crypto users for the tax season cointelegraph.com /1 year ago
5 biggest economic bubbles in history cointelegraph.com /1 year ago
Today in Crypto: BNB Chain Unveils 3rd Blockchain in BNB Ecosystem, Tether ‘Never Borrowed from Celsius’, Ripple Sold $226M Worth of XRP in Q4 cryptonews.com /1 year ago
Show more
The website fvbb.com is an aggregator of news from open sources. The source is indicated at the beginning and at the end of the announcement. You can send a complaint on the news if you find it unreliable.
