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Okcoin secures regulatory approval in Malta and the Netherlands

Cryptocurrency exchange Okcoin may soon be opening its doors wider to crypto traders in Malta and the Netherlands following approval from key regulators.In a Thursday announcement, Okcoin said it had secured formal registration from the central bank in the Netherlands and secured "in principle" approval for a virtual financial assets

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Netherlands registers first consumer-facing crypto platform since AMLD5

Crypto exchange BLOX received the go-ahead to operate in the Netherlands, making it the first platform to do so since the country implemented the European Union's 5th Anti-Money Laundering Directive, or AMLD5."BLOX is the first consumer-focused cryptocurrency company that will be included in the registry of the Dutch Central Bank,"

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Time Is up for Crypto Firms to Register in the Netherlands Under New AML Rules

The deadline is here: On May 18, unregistered Dutch crypto firms could face penalties if they do not fall into line with the Netherlands’ new anti-money laundering (AML) laws, passed by the Dutch Upper House on April 21.According to the Anti-Money Laundering Directive, companies offering crypto-to-fiat or custodial services should

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One-Man Crypto Company Crushed by Netherlands’ AMLD5 Implementation

Dutch Bitcoin (BTC) savings platform, Bittr, has decided to cease operations ahead of Holland’s introduction of the EU’s AMLD5 anti-money laundering, or AML, regulations.Bittr’s closure follows criticism of the Netherlands’ implementation of AMLD5 — reportedly resulting in crypto firms incurring greater fees than credit card companies and traditional trusts.Dutch AMLD5

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Central Bankers From Canada, Netherlands, Ukraine Call Blockchain Unnecessary for Digital Fiat

KYIV, UKRAINE — Central bank digital currencies (CBDCs) have been a hot topic in blockchain circles recently, but central banks are lukewarm about blockchains. Representatives of a number of the world’s central banks discussed their CBDC projects last week in Kyiv, Ukraine. The one-day conference was arranged by the National Bank

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