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The United Nations and the Dutch government announced plans to create a framework for the ethical supervision of artificial intelligence (AI). On Oct. 5, the Dutch Authority for Digital Infrastructure and the United Nations Educational, Scientific and Cultural Organization (UNESCO) officially launched the project called “Supervising AI by Competent Authorities,” which
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The legislation is still consistent with general norms of good governance, and the companies should still be regarded as under supervision, the judges said. The ruling has no bearing on costs for 2020, judges said, and a separate legal case is still ongoing for 2022 fees. Source
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Gemini, a cryptocurrency exchange founded by the Winklevoss twins, will reportedly cease operations in the Netherlands due to regulatory requirements imposed by the De Nederlandsche Bank (DNB). According to Reddit sources, the exchange notified its clients in the country of its decision to take effect on Nov. 17, 2023. Gemini cited the DNB’s
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Gemini said it is taking the step "due to requirements imposed by the De Nederlandsche Bank (DNB)," Source
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The Netherlands took the lead among European Union member states by mandating that crypto companies adhere to the 5th Anti-Money Laundering Directive (5AMLD). Leading cryptocurrency exchange Gemini has decided to halt its operations in the Netherlands, citing mounting regulatory hurdles imposed by the Dutch central bank De Nederlandsche Bank (DNB). The
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New York-headquartered crypto exchange Gemini has decided to quit the Netherlands, following in the footsteps of crypto giant Binance. The company cites its inability to meet the regulators’ requirements but says it intends to return to the Dutch market. In a letter to its Dutch users on Sept. 26, Gemini asks
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Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied Crypto.com revealed that the crypto exchange had been registered with the Netherlands’ central bank to offer cryptocurrency services to Dutch customers. Crypto.com revealed the news in a blog post on July 28. The company obtained registration
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The Netherlands, which has taken a tough line on rivals such as Binance and Coinbase, follows France, Dubai and the U.K. in recognizing the crypto exchange. Source
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Crypto.com is the latest cryptocurrency firm to receive a green light from the Netherlands Central Bank to offer its services in the country.The platform announced that it had registered as a cryptocurrency service provider with De Nederlandsche Bank (DNB), following a comprehensive review of Crypto.com’s business and compliance with the country’s
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Global cryptocurrency exchange Binance has reached an agreement with Coinmerce to refer its users as the firm winds down operations in the Netherlands.In a July 6 blog post, Dutch crypto exchange Coinmerce said “hundreds of thousands” of users based in the Netherlands would be referred from Binance, giving them the
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