Dutch central bank to start supervising crypto firms

New powers result from implementation of EU directive tackling anti-money laundering

Netherlands Bank
Rachael King

The Netherlands Bank (DNB) will start regulating and supervising firms providing crypto asset services in the country in 2020.

On September 3, the Dutch central bank announced that national authorities “are required to start supervising these businesses under the fifth European anti-money-laundering directive (AMLD5) and its implementation in Dutch law”.

The legislation affects firms offering exchange services between virtual money (cryptos) and regular money.

“Crypto wallet providers are

To continue reading...

You need to sign in to use this feature. If you don’t have a FX Week account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: