Dutch central bank approves first crypto service under AMLD5 regulations

[Dociko]

The Netherlands has imposed tight regulations related to EU anti-money laundering laws. The central bank of the Netherlands, De Nederlandsche Bank NV (DNB), has granted AMDAX BV the ability to operate under its jurisdiction. 

This marks the first time a digital asset company has been approved in the country following the introduction of strict new regulations that saw many crypto related businesses close or leave the Netherlands.

Receiving official registration from the governing body means AMDAX BV, an Amsterdam-based digital asset service company, can now give Dutch residents access to its offerings according to an Oct. 7 brief from Finextra.
Details: https://cointelegraph.com/news/dutch-central-bank-approves-first-crypto-service-under-amld5-regulations