Investing.com - Financial Markets Worldwide
⛔ Stop guessing ⛔ Use our free stock screener to find new opportunities fast Try Free Screener

Coinbase Has Not Registered with DNB: Fine for Non-Compliance

Published 2023-01-26, 01:33 p/m
© Reuters. Coinbase Has Not Registered with DNB: Fine for Non-Compliance

Coin Edition -

  • Coinbase (NASDAQ:COIN) has been penalized with a fine of $3.6 million by the DNB.

  • The charge is based on Coinbase’s non-compliance with the laws of the Netherlands.

  • The company has been offering services to the Netherlands without registering with the DNB.

Coinbase has been penalized by the Dutch Central Bank, De Nederlandsche Bank (DNB) with a charge of $3.6 million for running crypto services in the Netherlands without registering with the DNB.

On January 26, the DNB shared the news on the imposition of the fine on Coinbase for “providing crypto services without the legally required registration until 22 September 2022.”

The post Coinbase Has Not Registered with DNB: Fine for Non-Compliance appeared first on Coin Edition.

Latest comments

Install Our App
Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.