Regulation: it was always going to come to Bitcoin and the digital asset industry, and we've known it for a long time.
Bitonic, a Dutch-based digital currency exchange, is unhappy with the new KYC process that the Dutch Central Bank is demanding they implement.
Regulator De Nederlandsche Bank adopted the European Union’s Fifth Anti-Money Laundering Directive (AMLD5) in April 2020.
After Ethereum transaction fees on the network hit all-time highs, attention turned to implementation of Ethereum 2.0.
The Cabinet of Ireland gave their approval to a bill that transposes the criminal justice aspects of AMLD5 into national law.
Ultimately, stablecoins will be covered by the same laws as other digital assets under the European Union's AMLD5.
Mohammad Jaber explores the future of digital currency industry after the Fifth Anti-Money Laundering Directive provisions are implemented.
The De Nederlandsche Bank is requesting that companies who provide these services register with the DNB before May 18.
Bittr, a BTC savings service based in the Netherlands has announced that it’ll shut down on April 28, blaming the way AMLD5 has been implemented in the country.
The Cypriot regulator has called out 3 firms it believes have been providing services in the European country without its approval, offering FX and crypto.