Published 1 year ago

Dutch central bank fines cryptocurrency exchange Coinbase 3.3 mln euros

Summary by Ground News

Dutch central bank fines U.S. cryptocurrency exchange 3.3 million euros. DNB says it failed to obtain correct registration in the Netherlands before offering services.Coinbase said it disagreed with the DNB's decision and was considering an appeal. The fine mirrors one handed to Coinbase rival Binance in July.

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Times of India

Dutch central bank fines cryptocurrency exchange Coinbase €3.3 million

The central bank said it had taken into consideration that Coinbase is one of the largest cryptocurrency companies and had a "significant number of customers in the Netherlands".

1 year ago·India

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Reuters

Dutch central bank fines cryptocurrency exchange Coinbase 3.3 mln euros

The Dutch central bank (DNB) has fined U.S. cryptocurrency exchange Coinbase 3.3 million euros ($3.6 million) for failing to obtain the correct registration in the Netherlands before offering services.

1 year ago·United Kingdom

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The Star Kuala Lumpur

Dutch central bank fines cryptocurrency exchange Coinbase 3.3 million euros

AMSTERDAM (Reuters) - The Dutch central bank (DNB) has fined U.S. cryptocurrency exchange Coinbase 3.3 million euros ($3.6 million) for failing to obtain the correct registration in the Netherlands before offering services.

1 year ago·Malaysia

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ABP News

Coinbase Fined $3.6 Million By Dutch Central Bank: Here's Why

Coinbase was allegedly not adhering to compliance rules between November 2020 and 'at least' August 2022. The firm finally got a proper registration on September 22, 2022.

1 year ago·India

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Live Mint

Dutch central bank slaps cryptocurrency exchange Coinbase with 3.3 mn euros fine

The Dutch central bank revealed that Coinbase contravened the objectives of the guidelines in the past by providing crypto services in the Netherlands without registration with DNB.

1 year ago·New Delhi, India

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