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Coinbase Registers With Dutch Central Bank Offering Crypto Products

Coinbase (NASDAQ:COIN) has gained DNB registration approval.The exchange can now offer its full suite of products to its Dutch customers.The Netherlands is an addition to the 40...
Coinbase Registers With Dutch Central Bank Offering Crypto Products © Reuters Coinbase Registers With Dutch Central Bank Offering Crypto Products
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  • Coinbase (NASDAQ:COIN) has gained DNB registration approval.
  • The exchange can now offer its full suite of products to its Dutch customers.
  • The Netherlands is an addition to the 40 European countries Coinbase currently serves customers in.

Coinbase has announced that they have officially registered with the Dutch Central Bank (De Nederlandsche Bank or DNB). It is the first major global cryptocurrency exchange that has gained regulatory approval from DNB.

Registering successfully as a crypto service provider with the DNB has enabled Coinbase to offer its complete suite of retail, institutional, and ecosystem products and services to its Dutch customers.

In their announcement blog post, Coinbase has shared that they consider this registration a very significant milestone in Coinbase’s continued international expansion.

In addition, the crypto exchange has also shared its view on the regulation approval win. Coinbase believes industry regulations enable crypto growth, allowing distinct ground rules for an environment conducive to innovations and development, as well as, strengthening both public and policy makers’ trust in the industry.

Coinbase Vice President, Internal and Business Development, Nana Murugesan, has expressed that Coinbase aims to be the world’s most trusted and secure platform and to achieve collaboration with governments, policymakers, and regulators. He further added:

Coinbase prides itself on being a compliance-led business. The Netherlands is a critical international market for crypto, and I am really excited for Coinbase to bring the potential of the crypto economy to the market here.

Coinbase currently delivers crypto products and services across 40 European countries with dedicated hubs based out in Ireland, the UK, and Germany. However, the platform anticipates further expansion in other major markets through registrations and license applications in adherence to local laws.

The post Coinbase Registers With Dutch Central Bank Offering Crypto Products appeared first on Coin Edition.

See original on CoinEdition

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29-09-2022 22:00:35 (UTC+7)

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0.9768

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144.57

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    EUR/USD 0.9768 ↑ Buy  
    GBP/USD 1.1040 ↑ Buy  
    USD/JPY 144.57 ↑ Buy  
    AUD/USD 0.6477 ↑ Buy  
    USD/CAD 1.3714 Neutral  
    EUR/JPY 141.22 ↑ Buy  
    EUR/CHF 0.9580 ↑ Buy  
    Gold 1,661.95 ↑ Buy  
    Silver 18.668 ↑ Buy  
    Copper 3.3902 ↑ Buy  
    Crude Oil WTI 82.12 ↑ Buy  
    Brent Oil 87.88 ↑ Buy  
    Natural Gas 6.755 ↑ Buy  
    US Coffee C 226.55 ↑ Buy  
    Euro Stoxx 50 3,269.35 ↑ Buy  
    S&P 500 3,636.30 ↑ Buy  
    DAX 11,950.28 ↑ Buy  
    FTSE 100 6,855.15 Neutral  
    Hang Seng 17,165.87 ↑ Buy  
    Small Cap 2000 1,662.10 ↑ Buy  
    IBEX 35 7,287.52 ↑ Buy  
    BASF 38.773 ↑ Buy  
    Bayer 47.52 ↑ Buy  
    Allianz 159.14 ↑ Buy  
    Adidas 124.22 ↑ Buy  
    Lufthansa 5.832 ↑ Buy  
    Siemens AG 97.80 ↑ Buy  
    Deutsche Bank AG 7.585 ↑ Buy  
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