Netherlands Requiring Cryptocurrency Providers to Establish Sanctions Compliance Programs
To operate in the Netherlands, cryptocurrency providers must establish sanctions compliance controls, a June 11 EU Sanctions blog post said. The regulation, announced last month, calls for providers to register with the Dutch Central Bank, which requires “adequate internal measures…
Sign up for a free preview to unlock the rest of this article
Timely, relevant coverage of court proceedings and agency rulings involving tariffs, classification, valuation, origin and antidumping and countervailing duties. Each day, Trade Law Daily subscribers receive a daily headline email, in-depth PDF edition and access to all relevant documents via our trade law source document library and website.
and controls to ensure compliance” with EU and Dutch sanctions requirements, the post said. The bank may deny a registration if it does not approve of a company’s compliance program.