Binance Netherlands exit - Dutch Central Bank says registration failings are confidential

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Binance Netherlands exit - Dutch Central Bank says registration failings are confidential
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Details of Binance's failed Netherlands registration remain confidential, but MiCA could offer another way into the Dutch market.

The details behind Binance’s failed efforts to register for a virtual asset service provider license in the Netherlands will remain unclear due to confidentiality requirements of the central bank’s supervisory laws.with immediate effect, having failed to get the all clear from De Nedelandsche Bank . From July 17, Dutch customers will only be able to withdraw assets from the platform, while trading and deposits were stopped on the date of the announcement.

Cointelegraph reached out to Tobias Oudejans, spokesperson for DNB in charge Supervision, Fintech, Cryptos, Resolution and Payment systems to ascertain final details of Binance’s failed registration efforts.

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