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Dutch central bank fines Binance 3.3 million euros

Dutch central bank fines Binance 3.3 million euros

Dutch central bank fines Binance 3.3 million euros | Photo Credit: Reuters

The Dutch central bank (DNB) on Monday said it had fined Binance, one of the biggest cryptocurrency exchanges, 3.3 million euros ($3.35 million) for offering services in the Netherlands without being registered in the country.

The fine was issued in April 2022, following a public warning issued against Binance in August 2021, DNB said. The bank said in a statement that Binance in June had indicated it would appeal. 


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Printable version | Aug 28, 2022 7:40:08 pm | https://www.thehindu.com/sci-tech/technology/dutch-central-bank-fines-binance-33-million-euros/article65656961.ece