Netherlands

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Dutch Finance Minister Advocates Changes to European Crypto Laws

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Wopke Hoekstra, the Dutch finance minister, has issued a letter to Holland’s parliament describing the current regulatory framework pertaining to cryptocurrencies as “insufficiently equipped.” The minister advocates the development regional and international regulatory efforts in response to the burgeoning digital currency phenomenon. Also Read: Excessive Crypto Regulation Not Optimal, EU Banking Authority Says Dutch Cryptocurrency Investment … Read more

PR: Essentia.One in Talks with the Netherlands Government for Blockchain Solutions to Border Control

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Essentia One, the world’s first data management framework based in Amsterdam, is paving the way in blockchain technology to solve complex border control issues with their talks with the Dutch Government. “Where some people see problems, we see challenges, which then motivates us to develop a solution” says Matteo, Essentia co-founder and Chairman of The … Read more

Dutch Bank That Once Called Bitcoin ‘High Risk’ Considers Building Crypto-Wallet

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A Dutch multinational financial provider, Rabobank has announced the possible introduction of a ‘cryptocurrency wallet’ tethered to the company’s banking services. The news follows the bank’s recent ‘high risk’ profiling of account holders that participated in bitcoin trading.  Also Read: Israeli Supreme Court Forbids Bank From Denying Service to Bitcoin Exchange Rabobank Investigates the Idea of … Read more

British Man in Amsterdam Allegedly Laundered €11.5m in Bitcoin Drug Money

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A UK man living in Amsterdam is facing up to five years in prison for allegedly helping people by exchanging fiat cash for bitcoin which was used to buy drugs. He supposedly started by growing cannabis himself but soon found the bitcoin business to be more profitable by itself.   Also Read: US Navy Investigators … Read more

Spokesperson Confirms Bitfinex Is Client of ING

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Major Dutch financial services company, ING, has confirmed that Bitfinex holds an account with the company in the Netherlands. The bank issued a statement regarding its relationship with Bitfinex after Dutch-language website Follow the Money published a report revealing that ING is providing financial services to Bitfinex last week. Also Read: Independent Ratings Agency Alerts Investors … Read more