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 in KuCoin, saying the exchange was operating without legal registration. In a Dec. 15 announcement, the central bank said MEK Global Limited, or MGL, which does business in the Netherlands as KuCoin, was not in compliance with the country’s anti-money […]
The Netherlands tops new survey as the most metaverse-ready country
The metaverse and digital reality experiences are barreling toward consumers, whether they are ready or not. However, there are certain places in the world that are more ready to embrace a digital future from a technological standpoint. A new study by Uswitch, an internet and telephone service researcher, looked at a combination of fixed broadband […]
Queen Máxima of the Netherlands comes out in support of digital euro
Máxima Zorreguieta Cerruti, Queen of the Netherlands, said she was encouraged by the work the European Central Bank had accomplished in its efforts to launch a digital euro. Speaking virtually at a European Commission conference ‘towards a legislative framework enabling a digital euro for citizens and for businesses’ on Nov. 7, the queen said a […]
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 […]
Post offices adopting NFTs leads to a philately renaissance
Philately? If you are a millennial, there is a good chance you used Google to find out that there is a word dedicated to collecting and studying postage stamps. This same search also paints the picture of a hobby in decline, as younger generations are increasingly preoccupied with their screens and the constant stream of […]
Coinbase enters the Netherlands with central bank approval
The United States-based cryptocurrency exchange Coinbase continues its aggressive expansion in Europe, with the latest regulatory approval coming from the land of tulips. Coinbase officially announced on Thursday that it had received registration from De Nederlandsche Bank (DNB), the central bank of the Netherlands. The regulatory approval allows Coinbase to offer its retail and institutional […]
Tornado Cash saga highlights legal issues affecting the crypto market
Things have not been looking too good for the crypto market in recent months, with the market seemingly being gripped by one piece of bad news after another. To this point, on Aug. 8, the United States Department of the Treasury’s Office of Foreign Assets Control (OFAC) issued legal sanctions against digital currency mixer Tornado […]