The Dutch central bank joined the ranks of regulators issuing warnings about crypto exchange Binance operating without permission.
- De Nederlandsche Bank (DNB) said Wednesday that "Binance is providing crypto services in the Netherlands without the required legal registration."
- Binance is not in compliance with the country's anti-money laundering and anti-terror financing act, and is offering custodian wallets and services illegally, the DNB said.
- The warning pertains to Binance Holdings Ltd. as well as other Binance entities that offer crypto services in the Netherlands.
- DNB's announcement follows similar warnings from financial overseers in a number of jurisdictions in recent months, including the U.K., Japan, Hong Kong and Malaysia.