Binance, in the Netherlandsfor not obtaining a virtual asset service provider license from regulators ends its activities in the country.
Binance’s The license application in the Netherlands was not approved. Dutch regulator, virtual asset service provider to the popular crypto exchange ( VASP ) was not licensed. Right after this situation Binance, He stated that he would leave the Netherlands.
Binance Leaves The Netherlands
Binanceannounced that it will terminate its crypto services in the Netherlands. Exchange, users’ assets from the platform from 17 JulyHe told me they could pull it later.
CoinDesk’s According to the news, Binance, which could not get the service provider license it hoped for from the Netherlands, decided to leave the country. In an email to CoinDesk, Binance said, “We regret to announce that Binance is leaving the Dutch market.”said.
from the stock market Among the statements made, it was stated that new users residing in the Netherlands will not be included in the platform. Binance also clarified the assets of its users living in the Netherlands. popular stock market Dutch of its usersAssets from 17 July 2023 Binance from the platform able to attract.
Expressing that he is sad about his departure from the country, Binance stated that they are looking for ways to serve those residing in the Netherlands within regulatory clarity. Binance, from the Netherlands VASPreported that their services could not continue because they could not obtain their license.
Binance, which is sued by the SEC, is very cautious in legal matters.
