CryptoCom announced that it has received approval from the Central Bank to offer its services in the Netherlands.
After a thorough review of the platform, AML and the anti-terrorist financing requirement, it was submitted to De Nederlandsche Bank ( DNB ) announced that it has registered as a cryptocurrency service provider. So far, 36 businesses related to the crypto industry have been registered with the Dutch central bank. In addition CoinbaseMajor operators such as Europe, eToro and Bitstamp also have licenses to operate in the Netherlands.
CryptoCom’s services were available in the Netherlands prior to the registration announcement. DNB press officer Oudejans said Netherlands-based users are legally allowed to sign up for a service, but an unregistered company would be acting illegally if it requested or advertised its services to potential Dutch users.
Oudejans explained that the registration specifically allows crypto service providers to supply customers with cryptocurrency wallets and process their exchanges in related assets. After the Netherlands’ approval of CryptoCom, it is curious what changes will happen in both the platform and the Dutch crypto ecosystem.