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Coinbase Fined $3.6M by Dutch Central Bank – Here's Why

United States-based cryptocurrency exchange Coinbase has been fined €3.3 million ($3.6 million) by the Dutch central bank (DNB) for failing to obtain the required registration before operating in the jurisdiction. In a T...

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Coinbase Fined $3.6M by Dutch Central Bank – Here's Why
United States-based cryptocurrency exchange Coinbase has been fined €3.3 million ($3.6 million) by the Dutch central bank (DNB) for failing to obtain the required registration before operating in the jurisdiction. 
In a Thursday press release, the DNB detailed that digital asset service providers wishing to operate in the Netherlands are required to register with the central bank under the Dutch Anti-Money Laundering and Anti-Terrorist Financing Act (Wwft). ...
Read More: Coinbase Fined $3.6M by Dutch Central Bank – Here's Why

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This cryptocurrency story adds another data point to the current market tape and is useful when read alongside nearby source coverage.

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