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Binance fined more than €3m by Dutch regulator amid push to expand in Europe
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fnlondon.comBinance has been fined by the Dutch central bank for providing crypto services in the Netherlands without the required registration — but the world’s largest digital asset exchange doesn’t see the fine as a black mark on its European push.
De Nederlandsche Bank said Monday that it passed down a €3.3m fine to Binance in April 2022. The fine came as a result of the exchange’s failure to register as a crypto service provider under the central bank’s anti-money laundering and terrorism financing prevention framework—a requirement...
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