Binance has just announced it has taken the decision to leave the Netherlands due to the inability to obtain a virtual asset service provider (VASP) license from the local regulator.
As reported by the platform, as of June 17, Dutch users will only be able to withdraw assets from the platform, while the exchange and deposit function will be disabled.
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Binance has reported:
“Although we explored many alternative avenues to service Dutch residents in compliance with Dutch regulations, unfortunately this has not resulted in a VASP registration in the Netherlands at this time.”
Company representatives have added they would continue to interact with local regulatory authorities. For the time being, the platform plans to focus on the global European MiCA rules adopted on April 20.
Binance has stressed the exchange already complies with EU standards for the prevention of money laundering and terrorist financing.
Источник: ru.ihodl.com
