Dutch Crypto Startups Brawl With Regulators Over Scope of EU Money Laundering Rule

Bitcoin News

Banking compliance consultant Simon Lelieveldt, who has worked for the DNB and as a Dutch financial historian, said the two entities are trying to be proactive and not repeat past mistakes. Regulators are under pressure from critics who say lax oversight, particularly concerning the Netherlands largest bank, ING, led to the 2008 collapse. ING received a €10 billion government bailout, an amount it eventually paid back with interest.

Products You May Like

Articles You May Like

Canada crypto regulation: Bitcoin ETFs, strict licensing and a digital dollar
Bitcoin mining revenue lowest in two years, hash rate on the decline
What is an Ethereum Virtual Machine (EVM) and how does it work?
Bitcoin ‘millionaire’ wallets drop 80% in year of BTC price bear market
Bitcoin price consolidation has shifted traders to these 4 altcoins

Leave a Reply

Your email address will not be published.