Crypto
OKX Faces $2.6M Penalty from Dutch National Bank for Non-Compliance
OKX has been fined by the Dutch financial regulatory body for providing cryptocurrency services without proper registration, marking a significant enforcement in the sector.
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OKX has been fined by the Dutch financial regulatory body for providing cryptocurrency services without proper registration, marking a significant enforcement in the sector.
The company joins others like Kraken, Coinbase, and Bybit in obtaining licenses to operate in the European Economic Area.
The European Union mandates crypto regulations by December 30, allowing companies to operate across member states.
The Dutch government seeks stakeholder feedback on a new crypto tax reporting bill aimed at enhancing transparency.
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