Two Dutch Financial Authorities are Pushing For a National Licensing System for

[Goodcat49]

The Netherlands Authority for the Financial Markets (AFM) and De Nederlandsche Bank (DNB), the country’s central bank, are industriously thrusting ahead for a national licensing scheme for digital currencies.

AFM and DNB recently released a report proposing that fiat-to-cryptocurrency exchanges and all custody service providers should be fully licensed as digital currencies carry “major financial crime risks.”

The AFM and DNB, wants a licensing system established for all cryptocurrency exchange platforms and providers of crypto wallets, in order to effectively prevent terrorism funding and money laundering.

Crypto Services Ecosystem   
   
In addition to this astonishing desire, they think amendments to the European rules for corporate finance are required to give space for small-scale business financing via blockchain.   

The AFM and DNB believe the international nature of digital currencies needs more effective international coordination to safeguard Dutch clients against the sterling risks.   
Read the details in the article of Coinidol dot com, the world blockchain news outlet: https://coinidol.com/national-licensing-system-for-cryptoasset-exchange/