Cryptocurrency

Binance Fined by Dutch Central Bank for Violating Country’s Money-Laundering Laws

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Binance Fined by Dutch Central Bank for Violating Country’s Money-Laundering Laws

Binance has been slapped with a fine of EUR 3.3 million (roughly Rs. 26 crore) by the Dutch Central Bank (DNB) for offering services in the Netherlands without being registered in the country. A spokesperson for Binance said in an emailed reaction that the fine marked a “pivot in our ongoing collaboration” with the DNB.

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