DNB has reversed its decision to tighten up the rules around withdrawals from digital currency exchanges, over concerns the measures amounted to an unnecessary invasion of customer privacy.
Bitonic, a Dutch-based digital currency exchange, is unhappy with the new KYC process that the Dutch Central Bank is demanding they implement.
The De Nederlandsche Bank is requesting that companies who provide these services register with the DNB before May 18.
Petra Hielkema believes central banks around the world need to explore new technologies, like blockchain, to keep their security at acceptable levels.
