
Netherlands imposes fine on Cryptocom over registration breaches
The Central Powerhouse of the Netherlands, De Nederlandsche Bank (DNB), has imposed a substantial fine on Crypto.com for bypassing registration requirements for an extended period. The fine, amounting to €2.85 million ($3 million), was issued in October 2022, but the news remained undisclosed until recently. Let us delve deeper into the reasons behind this financial…