Binance has been fined 3.325 million euros
($3.37 million) by the Dutch Central Bank
for continuing to offer services without..
registering for Dutch citizens.
A registration under the Money Laundering..
Terrorist Financing Prevention Act is mandatory..
for virtual asset service providers..
At De Nederlandsch-e Bank(DNB).
Due to Binance's large Dutch customer base, the fine..
has been raised from 2 million euros to 3 million euros.
A fine imposed on April 25 was objected to by the exchange.
A registration application has been submitted by Binance
which is currently being reviewed by the central bank
An application for a broker-dealer license in Abu Dhabi
was approved by Binance in April, and Binance
received a provisional registration in France recently