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Dutch Central Bank Demands Proof of Crypto Withdrawal Addresses

2 mins
Updated by Ryan Smith
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In Brief

  • The Dutch central bank has introduced new AML regulations requiring exchange users to prove their withdrawal addresses.
  • A DNB factsheet released on November 11 announced the new regulations, quoting four Dutch and EU laws.
  • The Netherlands is the only country in the EU to introduce similar regulations.
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David Hundeyin
David is a journalist, writer and broadcaster whose work has appeared on CNN, The Africa Report, The New Yorker Magazine and The Washington Post. His work as a satirist on 'The Other News,' Nigeria's answer to The Daily Show has featured in the New Yorker Magazine and in the Netflix documentary 'Larry Charles' Dangerous World of Comedy.' In 2018, he was nominated by the US State Department for the 2019 Edward Murrow program for journalists under the International Visitors Leadership...
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