Dutch central bank approves first crypto service under AMLD5 regulations

Cointelegraph

Published Oct 08, 2020 09:00PM ET

Updated Oct 08, 2020 10:40PM ET

The central bank of the Netherlands, De Nederlandsche Bank NV (DNB), has granted AMDAX BV the ability to operate under its jurisdiction.

This marks the first time a digital asset company has been approved in the country following the introduction of strict new regulations that saw many crypto related businesses close or leave the Netherlands.

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