DNB to start supervising crypto-asset firms
New powers result from the implementation of an EU directive tackling anti-money laundering
The Netherlands Bank (DNB) will start regulating and supervising firms providing crypto-asset services in the country in 2020.
On September 3, the Dutch central bank announced that national authorities “are required to start supervising these businesses under the fifth European anti-money-laundering directive (AMLD5) and its implementation in Dutch law”.
The legislation affects firms offering services for the exchange between virtual money (cryptos) and regular money. “Crypto-wallet providers
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