Crypto.com registers in the Netherlands, authorized to advertise services

The exchange has been given the green light by De Nederlandsche Bank to offer services in the country.

= =.jpg 1x, https://images.cointelegraph.com/images/960_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS91cGxvYWRzLzIwMjMtMDcvNmMwMjE5MmMtYWFmYS00Yjk4LTgyNzAtY2VlNGE0NDU3MDAxLmpwZw == .jpg 2x" src="https:// alt="C rypto.com registers in the Netherlands, authorized to advertise services" class="lazy-image__img type:primaryImage"/> News Join us on social networks

Crypto.com is the latest cryptocurrency company to be given the green light by the Dutch central bank to offer its services in the country.

The exchange has announced that it has registered as a cryptocurrency service provider with De Nederlandsche Bank (DNB) following a comprehensive review of Crypto.com's business and compliance national anti-money laundering and counter-terrorist financing requirements.

As previously reported, 36 cryptocurrency-related companies are currently registered with the Dutch central bank, including Coinbase Europe, eToro, and Bitstamp.

Related: Coinbase enters the Netherlands with central bank approval

Cointelegraph spoke exclusively with Tobias Oudejans, DNB press officer for supervision, fintech, cryptocurrencies, resolution and payment systems, who noted that DNB could not comment on specific records due to legal requirements of supervisory laws.

Oudejans clarified that registration specifically allows cryptocurrency service providers to provide cryptocurrency wallets to customers and transact fiat currency on cryptocurrency exchanges.

Crypto.com's services were accessible in the Netherlands prior to the registration announcement. Oudejans told Cointelegraph that Dutch-based users are legally allowed to register for a service, but an unregistered company would be acting illegally if they solicit or advertise their services to Dutch users.

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Crypto.com registers in the Netherlands, authorized to advertise services

The exchange has been given the green light by De Nederlandsche Bank to offer services in the country.

= =.jpg 1x, https://images.cointelegraph.com/images/960_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS91cGxvYWRzLzIwMjMtMDcvNmMwMjE5MmMtYWFmYS00Yjk4LTgyNzAtY2VlNGE0NDU3MDAxLmpwZw == .jpg 2x" src="https:// alt="C rypto.com registers in the Netherlands, authorized to advertise services" class="lazy-image__img type:primaryImage"/> News Join us on social networks

Crypto.com is the latest cryptocurrency company to be given the green light by the Dutch central bank to offer its services in the country.

The exchange has announced that it has registered as a cryptocurrency service provider with De Nederlandsche Bank (DNB) following a comprehensive review of Crypto.com's business and compliance national anti-money laundering and counter-terrorist financing requirements.

As previously reported, 36 cryptocurrency-related companies are currently registered with the Dutch central bank, including Coinbase Europe, eToro, and Bitstamp.

Related: Coinbase enters the Netherlands with central bank approval

Cointelegraph spoke exclusively with Tobias Oudejans, DNB press officer for supervision, fintech, cryptocurrencies, resolution and payment systems, who noted that DNB could not comment on specific records due to legal requirements of supervisory laws.

Oudejans clarified that registration specifically allows cryptocurrency service providers to provide cryptocurrency wallets to customers and transact fiat currency on cryptocurrency exchanges.

Crypto.com's services were accessible in the Netherlands prior to the registration announcement. Oudejans told Cointelegraph that Dutch-based users are legally allowed to register for a service, but an unregistered company would be acting illegally if they solicit or advertise their services to Dutch users.

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