Dutch Regulator Fines Crypto.com $3.1M for Operating Without Registration

Thursday, 14 March 2024, 08:30

Crypto.com has been fined $3.1 million by the Dutch central bank for operating without registration. This penalty highlights the importance of compliance with regulatory requirements in the cryptocurrency industry. The fine serves as a warning to other crypto firms to ensure proper registration before conducting operations to avoid similar sanctions in the future.
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Dutch Regulator Fines Crypto.com $3.1M for Operating Without Registration

Dutch Regulator Imposes Fine on Crypto.com

The Dutch central bank has fined Crypto.com $3.1 million for non-compliance.

Non-Compliance with Registration

  • The fine was imposed for operating before the company registered with the regulator.

Importance of Regulatory Compliance

This penalty underscores the significance of adhering to regulatory requirements in the cryptocurrency sector. Proper registration is essential to avoid legal consequences.


This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.


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