Crypto.com gets clearance for advertising in the Netherlands after registering its services
Crypto.com, a cryptocurrency company, has been given permission by the Dutch central bank, De Nederlandsche Bank (DNB), to offer its services in the Netherlands.
They had to meet requirements related to preventing money laundering and financing terrorism.
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Several other cryptocurrency companies are already registered with the DNB in the Netherlands. Now that Crypto.com is registered, they can provide cryptocurrency wallets to customers and process fiat currency on cryptocurrency exchanges in the country. This means their services are legal for users in the Netherlands.
Nonetheless, Binance, one more cryptographic money organization, needed to stop its activities in the Netherlands since they didn’t get endorsement from the DNB.
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