Tag Archives: Netherlands

CoinspeakerDutch Economy Enters Recession amid Consecutive Contractions The Dutch economy, once a beacon of robust growth and stability, has hit a rough patch as it enters a recession following two consecutive quarters of contraction. Dutch Economy Enters Recession amid Consecutive Contractions

The Dutch Central Bank has thrown a $3.6 million penalty fee at Coinbase for allegedly failing to meet the region’s registration requirements prior to offering digital currency services in the Netherlands. Coinbase Hit with Huge Penalty Fee The bank says Coinbase has been operating on an unregistered basis since November of 2020. While the appropriate registration protocols were finally adhered to in September of 2022, the company went through a two-year period where it...

Bittimaatti, a subsidiary of Finnish cryptocurrency service provider Coinmotion, has opened the world’s northernmost cryptocurrency ATM inside Poronportti, near the skiing center Levi in Kittilä, Finland. With its Bittimaatti machines, bitcoin and other cryptocurrencies can be converted into cash. It’s also possible to buy crypto with the machines. 200km north of the Arctic Circle, Kittilä and the surrounding area have become a very popular holiday destination, especially in the winter,...

The Dutch Central Bank is putting crypto companies on notice, saying it will even include their shareholders under its microscope. | Source: ShutterstockThe Dutch central bank has run out of patience with the crypto space. The De Nederlandsche Bank (DNB) put certain players on notice that they have until 2020 to register.That's when they'll become subject to "integrity supervision."On Tuesday, the De Nederlandsche Bank claimed it was required to start supervising crypto-related businesses...