Binance said that it can no longer serve Dutch clients 'as we have been unable to register as a VASP [virtual asset service provider] with the Dutch regulator.
Binance said that it can no longer serve Dutch clients, as it has been unable to register as a virtual asset service provider with the Dutch regulator.
Cryptocurrency exchange Binance said it will leave the Netherlands after the company's application to register under the Dutch crypto authorization regime was rejected. The firm has so far received such approvals in France, Italy, Spain, Poland, Sweden and Lithuania. This is set to change once the EU approves its Markets in Crypto Assets regulation.
Binance said it remains "committed to working collaboratively with regulators around the world and are additionally focused on getting our business ready to be fully MiCA compliant."
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