Coinbase beneficial properties regulatory approval within the Netherlands

Tl;Dr: Coinbase turns into the primary main world crypto alternate to efficiently register with the Dutch Central Bank (De Nederlandsche Bank — DNB), permitting us to supply our crypto services and products to the Dutch market.

By Nana Murugesan, Vice President, International and Business Development

Hoi, Nederland!

We are excited to announce that Coinbase has efficiently registered with the Dutch Central Bank (De Nederlandsche Bank — DNB) as a crypto service supplier. This registration will permit Coinbase to supply our full suite of retail, institutional, and ecosystem merchandise to prospects within the Netherlands. We are proud to be the first major global crypto exchange to receive DNB registration approval — a big milestone in Coinbase’s continued worldwide growth.

Coinbase views regulation of the trade as an “enabler” for crypto’s progress, setting clear floor guidelines that may create an setting which inspires innovation and strengthens belief within the sector from each the general public and policymakers.

As part of Coinbase’s ambition to be the world’s most trusted and secure crypto platform, we have taken strides to work collaboratively with government, policymakers and regulators to shape the future in a responsible way. Coinbase prides itself on being a compliance-led business. The Netherlands is a critical international market for crypto, and I am really excited for Coinbase to bring the potential of the crypto economy to the market here,” mentioned Nana Murugesan, Vice President, International and Business Development at Coinbase.

Coinbase serves prospects throughout nearly 40 European international locations via devoted hubs in Ireland, the UK, and Germany. Additional registrations or license functions are in progress in a number of main markets, in compliance with native laws.

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Coinbase Europe Limited and Coinbase Custody International Ltd are listed in DNB’s public register as a crypto service supplier. DNB supervises Coinbase Europe Limited and Coinbase Custody International Ltd in compliance with the Anti-Money Laundering and Anti-Terrorist Financing Act (Wet ter voorkoming van witwassen en financiering van terrorisme — Wwft) and the Sanctions Act (Sanctiewet 1977 — Sw). The crypto companies of Coinbase usually are not topic to prudential supervision by DNB or conduct supervision by the AFM. This implies that monetary operational dangers in respect of the crypto companies usually are not monitored and there’s no particular monetary shopper safety.


Coinbase gains regulatory approval in the Netherlands 🇳🇱 was initially printed in The Coinbase Blog on Medium, the place individuals are persevering with the dialog by highlighting and responding to this story.

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