Dutch central bank slaps 3.3 mn euros fine on crypto exchange Binance
The fine was issued in April 2022, following a public warning issued against Binance in August 2021, DNB said.
- Jul 19, 2022,
- Updated Jul 19, 2022 7:05 AM IST
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.
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.