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Central Bank · NetherlandsCoinbase has been fined $3.5 million (roughly Rs. 30 crore) in the Netherlands. The Dutch central bank has served the crypto exchange with a legal notice. In May 2020, the Netherlands mandated crypto-related companies to register as official money transmitters. The country is aiming to curb the misuse of cryptocurrencies for money laundering.
Why Coinbase Has Been Slapped With a $3.5 Million Fine in the Netherlands
Central BankLubomir Tassev 2023-01-08 02:30:22 news.bitcoin.com France has to adopt a licensing regime for crypto service providers, the head of the country’s central bank…
Bank of France Governor Calls for Mandatory Licensing for Crypto Companies – Regulation Bitcoin News
Bank of Russia to Start Testing Digital Ruble With Real Users on April 1 – Finance Bitcoin News
SAM Bankman-FriedOnchain research found that Sam Bankman-Fried, the disgraced co-founder of FTX, transferred a significant number of previously unreported transactions across various blockchains. The transfers were discovered by Conor Grogan, a director at Coinbase, and while most of the transactions took place on Dec. 28, there was some recent activity in the first few days of the new year. Onchain researcher Ergo tweeted about some FTX-linked bitcoin movements on Jan. 4, 2023.