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Dutch central bank fines Binance 3.3 million euros

AMSTERDAM (Reuters) – The Dutch central bank (DNB) on Monday said it had fined Binance, one of the biggest cryptocurrency exchanges, 3.3 million euros ($3.35 million) for offering services in the Netherlands without being registered in the country.

Illustration shows a representation of cryptocurrency and Binance logo

AMSTERDAM (Reuters) – The Dutch central bank (DNB) on Monday said it had fined Binance, one of the biggest cryptocurrency exchanges, 3.3 million euros ($3.35 million) for offering services in the Netherlands without being registered in the country.

The fine was issued in April 2022, following a public warning issued against Binance in August 2021, DNB said. The bank said in a statement that Binance in June had indicated it would appeal.

($1 = 0.9857 euros)

(Reporting by Toby Sterling; Editing by Catherine Evans)

By Reuters

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