Netherlands
Dutch central bank says KuCoin is not licensed and ‘illegally offering services’
The central bank of the Netherlands, De Nederlandsche Bank, has issued a warning to investors using KuCoin, saying the exchange was operating without legal registration. In a Dec. 15 announcement, the central bank said that MEK Global Limited, or MGL, which does business in the Netherlands as KuCoin, was not in compliance with the country’s Anti-Money Laundering and Combatting the Financing of Terrorism (AML/CFT) regulations. De Nederlandsche Bank added the crypto firm was “illegally offering services” as well as “illegally offering custodian wallets” for users. “Customers of MGL are not in violation,” said the bank. “However, this may increase the risk of customers becoming involved in money laundering or terrorist financing.” DNB warns against MEK Global Limited, doing business as K...
The state of crypto in Western Europe: Swiss powerhouse and French unicorns
Despite the turbulence that broke out in the crypto market this summer, there is an important long-term marker that should be considered in any complex assessment — the combination of adoption and regulation. The latest report by EUBlockchain Observatory, named “EU Blockchain Ecosystem Developments,” tries to measure this combination within the European Union, combining the data on each and every member country from Portugal to Slovakia. As the original report counts more than 200 pages, Cointelegraph prepared a summary with the intent to capture the most vital information about the state of crypto and blockchain in Europe. We started from a group of countries that are usually labeled as “Western European.” Austria Numbers: 50 blockchain solution providers, $48.72 million (50 m...
Dutch authorities arrest suspected Tornado Cash developer
Authorities in the Netherlands have arrested a developer that is suspected to be involved in money laundering through the crypto mixing service Tornado Cash. The Fiscal Information and Investigation Service (FIOD), an agency in the Netherlands responsible for investigating financial crimes, officially announced on Friday an arrest of a 29-year-old man in Amsterdam. The man has allegedly been involved in facilitating criminal financial flows and money laundering through the decentralized Ethereum mixer Tornado Cash, the authority said. The FIOD pointed out that it doesn’t rule out multiple arrests in the case, noting that its Financial Advanced Cyber Team (FACT) launched a criminal investigation against Tornado Cash in June 2022. According to the FACT, Tornado Cash has allegedly been used t...
Binance fined $3M over illegal operations in the Netherlands
Major global cryptocurrency exchange Binance is facing a penalty in the Netherlands after failing to obtain regulatory approval to operate in the country. The central bank of the Netherlands (DNB) has fined Binance Holdings 3.3 million euros ($3.3 million) for offering local crypto services without registration with authority. The Dutch central bank officially announced Monday that the regulator imposed the administrative fine in April 2022. The DNB pointed out that any company offering crypto services in the Netherlands is obliged to register with the central bank in compliance with the Money Laundering and Terrorist Financing Prevention Act. The regulator also mentioned that the DNB previously issued a public warning to Binance on Aug. 18, 2021. According to the announcement, the DN...
Dutch bank ING sells digital asset tool Pyctor to GMEX
ING Group, a Dutch multinational banking and financial services corporation, has spun out its digital asset business Pyctor to multi-asset trading infrastructure firm GMEX. GMEX has acquired ING’s institutional-grade digital asset custody solution Pyctor in a multi-million dollar deal, the companies said in a joint announcement on Monday. The Pyctor offering compliments GMEX’s MultiHub service, an institutional cross-platform business launched last year with the mission to bridge the gap between centralized finance (CeFi) and decentralized finance (DeFi), GMEX CEO Hirander Misra told Cointelegraph. Pyctor expands MultiHub with a number of digital asset-focused capabilities, including smart contract features, post-trade custodial and institutional network capabilities like the fragmentation...
Netherlands vs Wales Bet Builder Tips: Back Our 10/1 Nations League Bet
Louis van Gaal’s Oranje can extend their lead at the top of League A, Group 4 with victory against Wales in Rotterdam on Tuesday evening – looking to continue their unbeaten streak. Top 5 New Football Betting Sites Netherlands vs Wales Bet Builder Free Bet bet365 are offering new customers £50 worth of free bets to use across their sportsbook. If you were to place the entirety of the bonus on our selections, customers would receive returns of £500! Click here to sign up to bet365. Place a bet of £10 or more at odds of 1/5 or more. You’ll then receive £50 worth of free bets. Bet £10 Get £50 In Bet Credits Claim Offer Min deposit requirement. Free Bets are paid as Bet Credits and are available for use upon settlement of qualifying bets. Min odds, bet and payment method exclusions apply. Retu...
Both Teams To Score Tips For Accumulators: Best BTTS Tips Today Tuesday 14th June 2022
We’re taking a look ahead to Tuesday’s Nations League fixtures across Europe. There are three ‘both teams to score’ selections in total, and a combined accumulator has odds amounting to roughly 4/1. 888Sport are also offering customers the chance to claim £30 in free bets – read on to find out more. Top 5 New Football Betting Sites Both Teams To Score Tips With a combined total odds of roughly 4.5/1, a £30 stake using 888Sport’s welcome bonus would yield a returns of around £150! How to Claim the 888Sport Betting Offer? 888Sport’s offer is one of the best around and is simple to claim. Follow our three-step guide below, your £30 worth of free bets. Click here to sign up to 888sport and deposit using promo code 30FB. Place a bet of £10 or more at odds of 1/2 or higher. You’ll then receive £...
Wales vs Netherlands Bet Builder Tips: Back Our 11/1 Nations League Bet
Fresh off the back of qualifying for the 2022 FIFA World Cup in Qatar, Wales are straight back in action as they host the Netherlands at the Cardiff City Stadium in their second game of the new Nations League campaign. Top 5 New Football Betting Sites Sites Highlights Register 4. Bet £10 Get £20 In Free Bets Wales vs Netherlands Bet Builder Free Bet Bet365 are offering new customers £50 worth of free bets to use across their sportsbook. If you were to place the entirety of the bonus on our selections, customers would receive returns of £550! Click here to sign up to bet365. Place a bet of £10 or more at odds of 1/5 or more. You’ll then receive £50 worth of free bets. Bet £10 Get £50 In Bet Credits Claim Offer Min deposit requirement. Free Bets are paid as Bet Credits and are available for ...
Dutch regulator says crypto not yet suitable as means of payment or investment
A Dutch regulator stated that the crypto derivatives market should be restricted to wholesale trade. The reasons are not unfamiliar — lack of transparency, market manipulation and “other forms of criminal activity.” On May 12, the head of Capital Markets and Transparency Supervision at the Dutch Authority for Financial Markets (AFM), Paul-Willem van Gerwen, shared his opinion on the crypto derivatives trade at the Amsterdam Propriety Traders Managers Meeting. Van Gerwen highlighted, that despite (or perhaps because of) the market’s rising interest in crypto derivatives trading, the AFM “do regard such trade as entailing risks” and consider this market to be not as mature as the other derivatives markets. A specific problem arising from the volatility of the crypto products, according ...
Netherlands vs Denmark live stream: How to watch International friendlies for free
The Netherlands will be hoping to continue their impressive run of form with a win over Denmark when the two sides face off in an international friendly on Saturday. Netherlands vs Denmark live stream Click here to join Virgin Bet Sign up and deposit any amount into your Virgin Bet account Start watching Netherlands vs Denmark live stream at 19:45 GMT Disclaimer: Geo-restrictions apply. All you need is a funded account or to have placed a bet in the last 24 hours to qualify. T&Cs apply, 18+. Bet £10 Get £20 In Free Bets Claim Offer New members. £10 min deposit & bet on sportsbook, placed & settled at 1.5 min odds within 14 days of sign-up. Win part of E/W bets. 2 non-withdrawable £10 Free Bet Tokens: accept in 7 days, valid for 7 days from acceptance (ex. E/Ws & Multiples),...
Headhunterz, Sub Zero Project, Ran-D Announced In Momentous 2022 Defqon.1 Lineup
Hardstyle music festival Defqon.1 has announced a jumpstyle-worthy lineup for its return in 2022. Scheduled for June 23-26, the 2022 edition of the Netherlands-based festival boasts its most impressive lineup to date, with Gunz for Hire, Ran-D, and over 300 more. Headhunterz and Sub Zero Project take over the RED stage and the BLUE stage will represent some of the most raw hardstyle names, like Act of Rage, B-Front, and Radical Redemption. Iconic hard dance duo D-Block & S-te-Fan are set to close out the weekend during The Closing Ceremony with their “Ghost Stories” live act. Hardstyle music brand and Defqon.1 festival organizer Q-dance released a 30-minute aftermovie to recap previous years and hype the upcoming 2022 edition. The broadcast’s hosts...
Netherlands vs Norway preview, team news, betting tips & prediction
The Netherlands will look to extend their lead at the top of their group with a win over Norway when the two sides meet in the World Cup qualifiers this week. The two sides will meet on the 16th of November at 19:45 pm BST. The Netherlands are at the top of their group right now but the likes of Turkey and Norway are breathing down their necks. Both teams are just two points adrift of the Dutch and they could turn the tables with wins this week. The home side will be desperate for a win here and it will be interesting to see if the players can step up and get the job done. Norway are without star striker Erling Haaland but they will fancy their chances of pulling off an upset here. Netherlands vs Norway team news Netherlands possible starting lineup: Biljow; D...
